Habib Bank Limited Sets Date for Next Perpetual Bond Payment

Karachi, Habib Bank Limited has confirmed the upcoming payment date for its perpetual debt security HBLTFC2, as per details provided to the Pakistan Stock Exchange. The bond, with a face value of Rs. 100,000, features a profit rate of 3M KIBOR + 1.6% and is part of a larger Rs. 12.374 billion issuance. Investors can expect the next coupon payment on June 26, 2024.