Bank Al Habib Limited Lists Ten-Year Tier-II Term Finance Certificate

Karachi: Bank Al Habib Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. This debt security has a market lot of 1 and a face value of Rs. 5,000, and a total issue size of Rs. 7,000,000,000, which remains outstanding. The next coupon payment is expected on 23 December 2023.