Habib Bank Limited Issues Perpetual TFC with 3M KIBOR+1.6% Profit Rate

Karachi,Habib Bank Limited has rolled out a Perpetual Tier-I TFC, HBLTFC2. This certificate comes with a profit rate of 3M KIBOR plus 1.6%. The total issue size and the outstanding principal are both Rs. 12,374,000,000. The subsequent coupon date for this TFC is 26-Dec-2023.