Bank Alfalah Announces Perpetual Debt Security Details

Karachi: Bank Alfalah Limited has revealed the details of its publicly issued debt securities. The company has introduced a Term Finance Certificate (TFC) under Tier-I, labeled as BAFLTFC6, with a face value of 5,000 and a profit rate based on the 6M KIBOR plus an additional 1.5%. The total issue size amounts to Rs. 7,000,000,000 with an outstanding principal of the same value. The next coupon date for this security is scheduled for 26-03-2024.

Check Also

President Zardari Extends Felicitations to South Korea on National Liberation Day

Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Republic of Korea, Lee Jae Myung, the Government and its people on their National Liberation Day. In his letter, the President highlighted that Pakistan attaches ...