Karachi, Habib Bank Limited (HBLTFC3) has announced the issuance of Tier-I Term Finance Certificates (TFCs) worth Rs. 6.5 billion. These perpetual securities, with a face value of Rs. 100,000 each, will pay their next coupon on 28-Dec-2023. This move is part of the bank's ongoing financial strategy, as it aims to maintain its capital adequacy and support its operations effectively.