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Kashf Foundation Accesses Capital Markets with Four-Year TFC

Karachi, (PPI Bot): Kashf Foundation has accessed the capital markets with a four-year TFC, KFTFC1, totaling PKR 2 billion in issue size, with an outstanding principal of PKR 666.666 million. The profit rate is marked at 3M KIBOR+2.25%, and the next coupon payment is due on 30-Sep-2023. Each TFC holds a face value of PKR 1,000,000.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...