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Kashf Foundation Announces TFC Issue

Karachi: Kashf Foundation has issued a Term Finance Certificate, represented by the symbol KFTFC1. With a market lot of 1 and a face value of Rs. 1,000,000, this TFC runs for 4 years. Its profit rate is set at 3M KIBOR + 2.25%. The total issue size is Rs. 2,000,000,000, with the outstanding principal amounting to Rs. 666,666,660. The upcoming coupon date for this certificate is 30-Sep-2023.

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Services Chiefs Reaffirm Commitment to Pakistan’s Defence

Islamabad: Chief of Army Staff and Chief of Defence Forces Field Marshal Syed Asim Munir, Chief of the Naval Staff Admiral Naveed Ashraf, and Chief of the Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu have extended heartfelt felicitations to th...