Soneri Bank Limited Offers Tier-II TFC with 10-Year Tenor

Lahore, Soneri Bank Limited (SNBL) introduced its Tier-II TFC (Term Finance Certificate) with a tenor of 10 years, signifying a long-term investment avenue for investors. Traded under the symbol code SNBLTFC4, the TFC boasts a total issue size of Rs. 4,000,000,000, with an outstanding principal amount of Rs. 3,998,400,000. The next coupon date for this security is scheduled for June 26, 2024.