Bank Alfalah Limited Lists Perpetual Debt Security with Next Coupon Due in March 2024

Karachi: Bank Alfalah Limited has issued a perpetual Term Finance Certificate (TFC), symbol BAF LTFC 6, with a market lot size of 5,000 and a profit rate pegged to the 6-month KIBOR plus 1.5%. The total issue size stands at 7 billion rupees, with the entire amount currently outstanding. Investors anticipate the next coupon payment on 26th March 2024.

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