BAFL to list Rs20bn subordinated privately placed TFCs on PSX

MG News | September 24, 2026 at 10:48 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 24, 2026 (MLN): Bank Alfalah Limited (PSX:BAFL) will list its Rs20bn rated, unsecured, subordinated, privately placed term finance certificates (TFCs) on the Pakistan Stock Exchange (PSX) from Friday, 25 September, with trading set to begin on Monday, 28 September.

The bourse said in a notice that the listing falls under Chapter 5C of the PSX Rule Book, the Privately Placed Debt Securities' Listing Regulations. Trading will take place on the PSX-provided platform, and trades will be settled through the National Clearing Settlement System (NCSS) on a T+1 basis.

Only Qualified Institutional Buyers (QIBs), as defined in Chapter 5C, will be allowed to trade in the TFCs.

The TFCs have a tenor of up to 10 years from the issue date and carry a floating coupon of 6-month KIBOR plus 100 bps.

The market lot is one certificate with a face value of Rs100,000.

Pak Oman Investment Company Limited is acting as the Investment Agent, while F.D. Registrar Services (Pvt) Ltd is the Registrar and Transfer Agent for the issue.

The National Clearing Company of Pakistan Limited has assigned the security symbol BAFLTFC9 to the TFCs.

Copyright Mettis Link News

Related News

Bank Alfalah 9M profit jumps 42% to Rs30bn

Banking sector keeps its balance in 1HCY26

Name	Price/Vol	%Chg/NChg
KSE100	172,013.48 371.01M	2.38% 3994.62
ALLSHR	103,148.97 839.44M	2.13% 2147.61
KSE30	50,618.51 237.90M	2.44% 1206.74
KMI30	246,398.18 133.03M	2.42% 5817.20
KMIALLSHR	66,639.08 402.94M	2.04% 1329.92
BKTi	47,126.50 83.39M	2.61% 1200.64
OGTi	34,400.13 6.65M	1.60% 541.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,060.00	77,430.00 76,450.00	220.00 0.29%
BRENT CRUDE	105.86	107.24 104.27	1.09 1.04%
RICHARDS BAY COAL MONTHLY	129.00	129.00 129.00	0.75 0.58%
ROTTERDAM COAL MONTHLY	142.50	0.00 0.00	0.35 0.25%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	97.43	98.69 96.12	0.97 1.01%
SUGAR #11 WORLD	18.46	19.06 18.39	-0.60 -3.15%