Karachi, (PPI Bot): Alfalah GHP Islamic Income Fund, listed since 2009, disclosed its year-end financial results for June 2023. The fund's offer price was Rs 112.14, and the redemption price was Rs 110.89. It declared a year-end distribution of 4.72% ...
Read More »TPL Corp Limited Issues Five-Year TFC with Competitive Profit Rate
Karachi, (PPI Bot): TPL Corp Limited has placed a five-year Term Finance Certificate, TPLTFC3, with an issue size of PKR 2.265 billion, which is also the outstanding principal. The TFC offers a profit rate of 3M KIBOR+2.50%, with the next coupon due o...
Read More »Habib Bank Limited Issues Perpetual Tier-I TFC to Bolster Capital Base
Karachi, (PPI Bot): Habib Bank Limited has issued a perpetual Tier-I TFC, HBLTFC3, to bolster its capital base. Each TFC, valued at PKR 100,000, has a profit rate of 3M KIBOR+2.00%. The bank has raised PKR 6.5 billion, which is also the amount of the ...
Read More »Askari High Yield Scheme Announces Significant Distribution
Karachi, (PPI Bot): The Askari High Yield Scheme, in the market since 2006, reported an offer price of 108.63 and a redemption price of 106.23. For the year ending June 2023, the scheme declared a 5.64% distribution, with a previous book closure payme...
Read More »Telecard Limited Closes Six-Year TFC Tied to KIBOR
Karachi, (PPI Bot): Telecard Limited has closed a six-year Term Finance Certificate (TFC), TELETFC, with a total issue size of PKR 2.4 billion and an outstanding principal of PKR 0. The profit rate is set at 3M KIBOR+0%, and the most recent coupon dat...
Read More »NBP Financial Sector Income Fund Announces Substantial Year-End Distribution
Karachi, (PPI Bot): The NBP Financial Sector Income Fund, part of the market since 2011, revealed its financial standings for the year ending June 2023. The fund reported an offer price of Rs 10.89 and a redemption price of Rs 10.77. It declared a yea...
Read More »The Hub Power Company Limited Offers Four-Year Sukuk
Karachi, (PPI Bot): The Hub Power Company Limited has placed a four-year Sukuk, HUBCSC2, with an issue size of PKR 7 billion and an outstanding principal of PKR 3.5 billion. The Sukuk's profit rate is pegged to 3M KIBOR+1.8%, with the next coupon paym...
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