United Bank Limited Updates on Perpetual Tier-I Securities

Karachi, United Bank Limited has disclosed figures pertaining to its "TFC" perpetual security, symbol UBLTFC5. The security has a face value of 5,000 Rs. It offers a profit rate of 3M KIBOR + 1.55% and boasts a total issue size of 10 billion Rs, which remains fully outstanding. The upcoming coupon date is set for April 29, 2024.