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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.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...