Bank Alfalah Limited Lists Perpetual Debt Security with Next Coupon Due in March 2024

Karachi: Bank Alfalah Limited has issued a perpetual Term Finance Certificate (TFC), symbol BAF LTFC 6, with a market lot size of 5,000 and a profit rate pegged to the 6-month KIBOR plus 1.5%. The total issue size stands at 7 billion rupees, with the entire amount currently outstanding. Investors anticipate the next coupon payment on 26th March 2024.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...