Breaking News

Bank Alfalah Limited Declares Perpetual TFC

Karachi: Bank Alfalah Limited has declared the issuance of a perpetual TFC, designated BALTFC8, with a market lot size of one and a face value of PKR 5,000. The profit rate of the certificate is linked to the 6-month KIBOR plus 2.00%. The total issue size is PKR 7,000,000,000, identical to the outstanding principal. The next coupon payment is anticipated on 21st December 2023.

Check Also

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...