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Kashf Foundation Releases TFC

Karachi, Kashf Foundation has launched its TFC (KFTFC1) with a market lot of 1 and a face value of Rs. 1,000,000. This four-year tenor security offers a profit rate of “3M KIBOR +2.25%”, with a total issue size of Rs. 2,000,000,000 and an outstanding principal of Rs. 666,666,660. The next coupon date is scheduled for 30-Sep-2023.