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Habib Bank Limited Taps into Perpetual Debt with TFC

December 8, 2023 Uncategorized

Karachi, Habib Bank Limited, a leading financial institution, has successfully placed a perpetual Tier-I TFC, HBLTFC2, on the market. The TFC, with a total issue size of Rs. 12.374 billion, which is fully outstanding, indicates the bank's utilization ...

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JS Bank Limited Expands Debt Offering with Seven-Year TFC

December 8, 2023 Uncategorized

Karachi, JS Bank Limited has announced a new offering in the Pakistan Stock Exchange's privately placed debt securities market with its "JSBLTFC3" TFC. This Tier-II debt instrument, with a tenure of 7 years, has a total issue size of Rs. 2.5 billion. ...

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MCB Pakistan Sovereign Fund Reports Decreased Distributions

December 8, 2023 Uncategorized

Karachi, With an offer price of 58.3 for 2023, the MCB Pakistan Sovereign Fund, listed in 2009, ends its financial year in June. The fund distributed Rs 3.20 per unit in 2021 and Rs 2.75 per unit in 2022, indicating a decrease in distributions compare...

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NAFA Islamic Active Allocation Fund III – Capital Preservation Plan VI Reports Offer Price

December 8, 2023 Uncategorized

Karachi, With an offer price of 103.35 for 2023, the NAFA Islamic Active Allocation Fund III - Capital Preservation Plan VI, listed in 2022, maintains its presence in the Pakistan Stock Exchange. The plan concludes its financial year in June.

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NBP Government Securities Fund 1 – Plan – III Active in Market

December 8, 2023 Uncategorized

Karachi, The NBP Government Securities Fund 1 - Plan - III, with a listing year of 2023, announced an offer price of 10.35 for 2023. The plan, concluding its financial year in June, continues to be a key component of the mutual funds market.

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JS Islamic Dedicated Equity Fund Holds Steady

December 8, 2023 Uncategorized

Karachi, Since its inception in 2019, the JS Islamic Dedicated Equity Fund has maintained a steady position in the market. The fund's offer price stands at Rs 59.78 as of December 2023, with no distributions reported for the year ending in June 2023.

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Kashf Foundation Debuts in Debt Market with Four-Year TFC

December 8, 2023 Uncategorized

Karachi, Kashf Foundation has entered the debt market with the issuance of its first TFC, "KFTFC1," as per the details filed with the Pakistan Stock Exchange. The four-year TFC has a total issue size of Rs. 2 billion, with an outstanding principal amo...

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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.

  • Hot, Humid Weather to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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