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Bank Al Habib Limited’s Tier-II TFC Set for Year-End Coupon Payment

Karachi: Bank Al Habib Limited’s ten-year Tier-II TFC, coded as BAHLTFC10, will make its next coupon payment on 23-Dec-2023. This TFC offers a profit rate of 6M KIBOR+1.35%, with a market lot face value of PKR 5,000. The total issue size of PKR 7,000,000,000 is completely outstanding, indicating the debt instrument’s full subscription by investors.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...