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Karachi: Telecard Limited had issued a Term Finance Certificate (TFC), symbol TELE TFC, with a tenor of 6 years and a profit rate tied to the 3-month KIBOR plus 0%. The total issue size was 2.4 billion rupees, which has now been fully redeemed. The last coupon date was set for 31st December 2021, indicating the security’s maturity and final settlement.
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