Karachi: U Microfinance Bank Limited has issued a four-year Term Finance Certificate with a market lot of 1 and a face value of Rs. 100,000. The profit rate is based on 6-month KIBOR plus 1.35%. With a total issue size of Rs. 3,500,000,000, the bank has an equivalent amount outstanding. The next coupon date is slated for 23 December 2023.