Bank Alfalah Limited’s Perpetual TFC Poised for Pre-Christmas Coupon Payment

Karachi: Bank Alfalah Limited, under its perpetual Tier-I TFC BAFLTFC8, will provide investors with a coupon payment on 21-Dec-2023. The TFC carries a profit rate of 6M KIBOR+2.00% on a total issue size of PKR 7,000,000,000, with a market lot face value of PKR 5,000. The outstanding principal matches the total issue, indicating robust investor participation.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...