Habib Bank Limited Announces Tier-I TFC

Karachi, Habib Bank Limited has introduced a "TFC (Tier-I)" (HBLTFC3) with a market lot of 1 and face value of Rs. 100,000. This perpetual security features a profit rate of "3M KIBOR +2.00%", covering a total issue size and outstanding principal of Rs. 6,500,000,000. The next coupon date is set for 28-Dec-2023.