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Karachi, (PPI Bot): Bank Alfalah Limited has stabilized its funding strategy through the issuance of a perpetual Tier-I TFC, BAFLTFC8. With a face value of PKR 5,000, the TFC offers a profit rate of 6M KIBOR+2.00%, and an issue size of PKR 7 billion, identical to the outstanding principal. The next coupon payment is due on 21-Dec-2023.
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