Bank Alfalah Limited’s Perpetual TFC Poised for Pre-Christmas Coupon Payment

Karachi: Bank Alfalah Limited, under its perpetual Tier-I TFC BAFLTFC8, will provide investors with a coupon payment on 21-Dec-2023. The TFC carries a profit rate of 6M KIBOR+2.00% on a total issue size of PKR 7,000,000,000, with a market lot face value of PKR 5,000. The outstanding principal matches the total issue, indicating robust investor participation.

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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...