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Karachi: Kashf Foundation has entered the debt market with a four-year Term Finance Certificate (TFC), featuring a profit rate of 3-month KIBOR plus 2.25%. The market lot size is set at 1 with a face value of Rs. 1,000,000. The total issue size is Rs. 2,000,000,000, with Rs. 666,666,660 currently outstanding. The next coupon payment is due on 30 September 2023.
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