Karachi, Bank Alfalah Limited has successfully issued a perpetual term debt security, labeled under the symbol BAFLTFC6. According to information available from the Pakistan Stock Exchange (PSX), the issue size amounts to PKR 7,000,000,000 with an outstanding principal of the same value. The security carries a profit rate pegged to the 6-month KIBOR plus an additional 1.5%. The next coupon payment is scheduled for September 26, 2024.