AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi, (PPI Bot): In a continued effort to strengthen its capital base, Askari Bank Limited has placed a 10-year Tier-II Term Finance Certificate, AKBLTFC7. The TFC, with a market lot of one and a face value of PKR 1,000,000, offers a profit rate of...

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% ...

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...

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 ...

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...

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...

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...