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...
Read More »The Hub Power Company Limited Lists Sukuk with Payment Due in August 2023
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 ...
Read More »Samba Bank Limited Offers Tier-II TFC with KIBOR Plus Rate; Next Payment Due March 2024
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...
Read More »Bank Alfalah Limited Lists Perpetual Debt Security with Next Coupon Due in March 2024
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 ...
Read More »Sapphire FiberXD Posts Significant Increase in Share Price
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...
Read More »Exide Pakistan Marks Notable Increase in Share Price
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...
Read More »K-Electric Limited Releases Sukuk with 7-Year Tenor
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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