Bank Alfalah Limited Lists Perpetual TFCs

Karachi, (PPI Bot): Bank Alfalah Limited has listed its perpetual Tier-I Term Finance Certificates (TFCs), with the symbol BAFLTFC8. The TFCs are offered with a market lot size of 1 and a face value of PKR 5,000. The profit rate is based on the 6-month KIBOR plus 2.00%. The total size of the issue stands at PKR 7,000,000,000, with the same amount listed as the outstanding principal. The bank is expecting the next coupon payment on December 21, 2023.

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