Kashf Foundation Issues TFC with Competitive Profit Rate

Karachi, (PPI Bot): Kashf Foundation has issued a Term Finance Certificate (TFC) under the symbol KFTFC1, with a market lot size of 1 and a face value of Rs. 1,000,000. The TFC, with a tenor of 4 years, offers a profit rate tied to the 3-month KIBOR plus an additional 2.25%. The total issue size amounts to Rs. 2,000,000,000 with an outstanding principal of Rs. 666,666,660. The next coupon date is set for 30th September 2023.

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