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  Home > Securities > TFCs Eligible for FIRMS / CFS MK-II

List of Term Finance Certificates (TFCs) Acceptable as Collateral Against Exposure Margins and Mark-to-Market Losses

 
Enter Name of Term Finance Certificate :  
 
Name of Term Finance Certificate Listed SE CDS Eligible Applicable Haircut
Engro Fertilizer Limited (17-12-2009) KSE Y 20%
Summit Bank Limited -TFC (28-10-2011) KSE Y 30%
Pakistan Mobile Communication Limited -TFC (28-10-2008) KSE Y 30%
Allied Bank Limited -TFC (28-08-2009) KSE Y 20%
Engro Corporation Limited (15-09-2011) KSE Y 20%
Engro Corporation Limited (31-01-2011) KSE Y 20%
Askari Bank Limited (18-11-2009) LSE Y 20%
Pakistan Mobile Communication Limited (31-05-2006) ISE Y 30%
Faysal Bank Ltd. – TFC (10-02-2005) [Formerly The Royal Bank of Scotland (ABN AMRO)] LSE Y 20%
Engro Fertilizer Limited (30-11-2007) KSE Y 20%
Financial Receivables Securitization Company Limited (A) (17-01-2007) LSE Y 30%
Financial Receivables Securitization Company Limited (B) (17-01-2007) LSE Y 30%
NIB Bank Limited (05-03-2008) KSE Y 30%
Bank Al-Habib Limited (07-02-2007) KSE Y 20%
Soneri Bank Limited (05-05-2005) KSE Y 30%
Bank Alfalah Limited (25-11-2005) LSE Y 20%
Allied Bank Limited (06-12-2006) KSE Y 20%
United Bank Limited (14-02-2008) KSE Y 20%
United Bank Limited (08-09-2006) KSE Y 20%
United Bank Limited (15-03-2005) KSE Y 20%
Standard Chartered Bank (01-02-2006) KSE Y 20%
Pak Arab Fertilizers Limited (28-02-2008) KSE Y 20%
Faysal Bank Limited (12-11-2007) KSE Y 20%
Askari Commercial Bank Limited (31-10-2005) LSE Y 20%
Askari Commercial Bank Limited (04-02-2005) LSE Y 20%
 
As per the National Clearing and Settlement System Regulations and Procedures, TFCs with a minimum remaining maturity period of one year shall not be accepted as collateral against the Exposure Margins and Mark-to-Market Losses.
The haircuts have been applied in accordance with the provisions of NCSS Regulations and Procedures.
 
 
 
 
 
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