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Karachi, The Faysal Asset Allocation Fund, established in 2007, has reported steady performance. In 2023, the fund’s redemption price stood at PKR 83.97, slightly lower than the PKR 86.62 in 2021. The fund offered a 3.50% distribution in 2021.
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Pakistan Issues $3 Billion Dual-Tranche Eurobond
Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...