Karachi, (PPI Bot): The Bank of Punjab has entered the perpetual debt market with the issuance of a Tier-I Term Finance Certificate (TFC), symbolized as BOPTFC2. The TFC has a market lot of 1 and a face value of PKR 100,000, offering a profit rate of 6M KIBOR + 2.00%. The total issue size is PKR 8,017,500,000, which aligns with the bank's outstanding principal. The next coupon date is set for 20-Dec-2023.