Karachi, (PPI Bot): Askari Bank Limited has placed a ten-year Tier-II Term Finance Certificate (TFC) on the market, with the symbol AKBLTFC7. The TFC has a market lot of 1 and a face value of PKR 1,000,000, providing a profit rate of 3M KIBOR + 1.2%. The issue size totals PKR 6 billion, which is also the current outstanding principal. Investors can expect the next coupon on 17-Dec-2023.