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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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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...