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Karachi, Kashf Foundation has released a four-year TFC, KFTFC1, with a market lot of 1 and a face value of PKR 1,000,000. The profit rate is set to 3M KIBOR+2.25%, indicating the foundation’s commitment to leveraging market rates for optimal financing. The total issue size stands at PKR 2,000,000,000, with a remaining principal of PKR 666,666,660. The next coupon date is scheduled for 30-Sep-2023.
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