HUBCSC4 Sukuk Set for March 2024 Coupon Amid Favorable Terms

Karachi: Another issuance from The Hub Power Company Limited, the HUBCSC4 sukuk, is scheduled for a coupon payment on 19-Mar-2024. This four-year sukuk, carrying a profit rate of 1 Yr KIBOR + 1.9%, has a total issue size of PKR 5,000,000,000 with PKR 3,750,000,000 outstanding. With a market lot value of PKR 100,000, it presents an attractive opportunity for long-term investors.

Check Also

Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...