AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: In the debt security sector, Bank Islami Pakistan Limited continues with its perpetual Sukuk offering, coded BIP LSC. The security comes with a Rs. 5,000 face value and a profit rate formulated as 3-Month KIBOR plus 2.75%. The total issuance size is listed as Rs. 2 billion, with the same amount reported as outstanding principal. The next coupon date for investors is set for 01 December 2023.
Check Also
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 ...