Karachi, (PPI Bot): JS Bank Limited has introduced a perpetual Tier-I TFC to the market under the symbol JSBLTFC2. Each certificate is valued at PKR 100,000, offering a profit rate of 6M KIBOR + 2.25%. The bank has raised PKR 2.5 billion, which remains as the outstanding principal. The next coupon for this TFC is due on 30-Dec-2023.