Soneri Bank Limited Continues with Perpetual TFC Offering

Business & Finance

Karachi, Soneri Bank Limited has offered its perpetual debt security, "SNBLTFC 3," maintaining a consistent profit rate of 6M KIBOR plus 2.00%. According to information available from the Pakistan Stock Exchange (PSX), The debt security, with a total issue and outstanding principal amount of PKR 4 billion, is set to make its next coupon payment on June 6, 2024. The TFC has a market lot of 1 and a face value of PKR 5,000.