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Karachi: Kashf Foundation has announced the issuance of its Term Finance Certificate (TFC), trading under the symbol KFTFC1. These securities are set with a market lot size of 1 and a face value of Rs. 1,000,000. They have a tenor of 4 years and come with a profit rate of 3M KIBOR+2.25%. The foundation has issued TFCs worth Rs. 2,000,000,000, while the outstanding principal is Rs. 666,666,660. The next coupon date for these securities is scheduled for 30-Sep-2023.
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