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Karachi: A 3-Year Term Finance Certificate (TFC) has been issued by Bank Alfalah Limited. Each TFC has a face value of Rs. 5,000 and is available in market lots of 1. The profit rate on this debt security is fixed at 9.03%. Bank Alfalah has announced that the total issue size and outstanding principal for this TFC is Rs. 11 billion, with the next coupon due on 15 January 2024.
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