The Bank of Punjab Bonds, FRN 23dec2026, PKR (I) (BOPTFC, PK0045004014)
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Domestic bonds, Variable rate, Subordinated Unsecured
Redemption (put/call option)
The The Bank of Punjab bond PK0045004014 is a PKR-denominated Subordinated Unsecured debt security with a maturity date of 23/12/2026. The bond has the following coupon terms: Floating rate with a reference rate of 6m KIBOR; with interest paid 2 times a year to holders. The bond currently holds the status "outstanding" and reflects a country of risk of Pakistan. Key parameters of the issue include a face value of 100,000 PKR, a placement amount of 2,500,000,000 PKR and an outstanding amount of 2,500,000,000 PKR, which together indicate how much of the debt remains in circulation. The issue carries embedded call options detailed in the redemption schedule. In essence, this means that the issuer may redeem it early on set dates. Detailed information about the security can also be found in the prospectus. For reference and reconciliation, the bond is identified by ISIN - PK0045004014, CFI - DBVUBR.