Telecard Limited Floats Six-Year TFC Without Additional Profit

Karachi, (PPI Bot): Telecard Limited has floated a six-year TFC, TELETFC, in the market. With a market lot size of 1 and a face value of PKR 5,000, the TFC is set at a profit rate of 3M KIBOR + 0%. The telecommunications company has issued PKR 2.4 billion in these securities. It is noteworthy that the outstanding principal is currently at zero, with the last coupon date having passed on 31-12-2021.