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Karachi: Telecard Limited has made available a 6-year Term Finance Certificate (TFC), trading with a face value of Rs. 5,000 per unit. This debt instrument offers an interest rate at the 3-month KIBOR with no additional spread. The total raised amount is Rs. 2.4 billion, and it is noted that the outstanding principal is zero. The last coupon payment for this TFC was due on 31 December 2021.
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