K-Electric Limited’s Seven-Year Sukuk

Karachi, (PPI Bot): K-Electric Limited’s Sukuk (KELSC5) comes with a seven-year term and a profit rate of 3M KIBOR+1.7%. The issue has a market lot size of 1 and a face value of 5,000 PKR, with an outstanding principal amount of 23.75 billion PKR out of a 25 billion PKR issue. The next coupon is due on 03-02-2024.

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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 ...