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Banks (Finance)

Stable Trading Activity for Bank Alfalah Limited's Term Finance Certificates

Strategic Insights

— 1 min read

Bank Alfalah Limited's Term Finance Certificates (TFCs) maintained stable trading activity on the Pakistan Stock Exchange (PSX) during the latest market session. The TFCs, under the symbol BAFLTFC6, continue to be a significant segment of publicly issued debt securities in the market. The TFCs, categorized as a TFC (Tier-I), have a market lot size of one, a face value of Rs. 5,000, and are perpetual in tenor. They offer a profit rate pegged at six-month KIBOR plus 1.5%, with a total issue size of Rs. 7.00 billion and an outstanding principal of Rs. 7.00 billion as well.

Key Takeaways:

  • Bank Alfalah Limited's Term Finance Certificates (TFCs) exhibited stable trading activity on the Pakistan Stock Exchange (PSX) during the latest market session.
  • The TFCs, under the symbol BAFLTFC6, have a market lot size of one and a face value of Rs. 5,000.
  • The TFCs are perpetual in tenor and offer a profit rate pegged at six-month KIBOR plus 1.5%.
  • The total issue size of these securities stands at Rs. 7.00 billion, with the outstanding principal amounting to Rs. 7.00 billion as well.
  • The next coupon payment is scheduled for September 26, 2025.
  • The volume traded of these TFCs remains consistent, reflecting investor confidence in the financial instruments issued by Bank Alfalah Limited.
  • The trading session did not witness any significant price movement, indicating a minor move in the market for this particular security.
  • The stable trading of Bank Alfalah Limited's TFCs underscores their stable position within the debt securities landscape of the PSX.

Statistics:

  • Total issue size of Bank Alfalah Limited's TFCs: Rs. 7.00 billion
  • Outstanding principal of the TFCs: Rs. 7.00 billion
  • Face value of each TFC: Rs. 5,000
  • Market lot size of each TFC: one
  • Profit rate offered by the TFCs: six-month KIBOR plus 1.5%
  • Date of next coupon payment: September 26, 2025

Sources:

  • Pakistan Stock Exchange (PSX)
  • Bank Alfalah Limited's official records

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