Soneri Bank Limited Introduces TenYear Debt Security

Karachi, Soneri Bank Limited has introduced a new tenyear debt security, SNBLTFC 4, with a face value of PKR 100,000 per market lot and an overall issue size of PKR 4 billion. The profit rate offered is based on 6month KIBOR plus 1.7%. The next coupon payment is expected on June 26, 2024.