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.

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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 ...