Bank Alfalah Limited Announces Details on Perpetual TFC

Karachi, Bank Alfalah Limited has successfully issued a Perpetual Term Finance Certificate (TFC), listed as BAFLTFC6, with a total issue size and outstanding principal both at Rs. 7 billion. The TFC, having a face value of Rs. 5,000 per certificate, operates with a profit rate of 6-month KIBOR plus 1.5%. The next coupon date is scheduled for September 26, 2024.