AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

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...

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...

Karachi, (PPI Bot): Listed since 2014, the Atlas Sovereign Fund disclosed its financial results for the year ending June 2023. The fund maintained an offer and redemption price of Rs 110.95. It declared a year-end distribution of 9.50% and Rs 4.75 per...

Karachi, (PPI Bot): Habib Bank Limited has issued a perpetual Tier-I TFC, HBLTFC2, with a profit rate of 3M KIBOR+1.6%. The TFC has an issue size of PKR 12.374 billion, which is also the outstanding principal. Investors are looking forward to the next...