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Bank Alfalah Limited Offers Fixed Rate on 3-Year TFC; Coupon Payment Set for January 2024

November 7, 2023 Uncategorized

Karachi: Bank Alfalah Limited, continuing its foray into debt financing, has offered a TFC, BAF LTFC 7, with a fixed profit rate of 9.03% over a tenor of 3 years. This security, with a market lot size of 5,000, has been entirely subscribed with an iss...

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The Hub Power Company Limited Lists Sukuk with Payment Due in August 2023

November 7, 2023 Uncategorized

Karachi: The Hub Power Company Limited has placed a 4-year Sukuk on the market, offering a return based on the 3-month KIBOR plus 1.8%. With a total issue size of PKR 7 billion, there is an outstanding principal of PKR 3.5 billion. The next coupon is ...

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Samba Bank Limited Offers Tier-II TFC with KIBOR Plus Rate; Next Payment Due March 2024

November 7, 2023 Uncategorized

Karachi: Samba Bank Limited has issued a 10-year Tier-II TFC with a profit rate set to the 6-month KIBOR plus 1.35%. The total size of the TFC is PKR 5 billion, with PKR 4.997 billion currently outstanding. Investors are looking forward to the next co...

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Bank Alfalah Limited Lists Perpetual Debt Security with Next Coupon Due in March 2024

November 7, 2023 Uncategorized

Karachi: Bank Alfalah Limited has issued a perpetual Term Finance Certificate (TFC), symbol BAF LTFC 6, with a market lot size of 5,000 and a profit rate pegged to the 6-month KIBOR plus 1.5%. The total issue size stands at 7 billion rupees, with the ...

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Sapphire FiberXD Posts Significant Increase in Share Price

November 7, 2023 Uncategorized

Karachi: Sapphire FiberXD (SFL) closed significantly higher on the PSE today. The company's stock, which opened at PKR 1180.00, saw a notable rise to close at PKR 1254.41. The trading ranged between PKR 1180.00 and PKR 1230.61, with only 220 shares be...

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Exide Pakistan Marks Notable Increase in Share Price

November 7, 2023 Uncategorized

Karachi: Exide Pakistan (EXIDE), under company number 802, experienced a notable increase in its share price by the end of the trading day. Opening at PKR 361.5, the stock reached a closing of PKR 372 after moving between a low of PKR 353 and a high o...

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K-Electric Limited Releases Sukuk with 7-Year Tenor

November 7, 2023 Uncategorized

Karachi: K-Electric Limited has released Sukuk securities with a tenor of 7 years. These securities are available in a market lot of 100,000 with a face value of Rs. 100,000 each. They carry a profit rate of "3M KIBOR + 1.7%" and have a total issue si...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Dry Weather to Prevail in Most Parts of Country: PMD

    3 days ago
  • PM Directs Integration of Public-Private Partnership Authority to Expedite Development Projects

    3 days ago
  • Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

    3 days ago
  • DPM, Saudi FM Emphasize Importance of Dialogue

    3 days ago
  • Pakistan and US Discuss Recent Regional Developments

    3 days ago

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