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Askari Bank Limited Issues Perpetual and 10-Year TFC

October 26, 2023 Uncategorized

Karachi, Askari Bank Limited has made significant moves in the privately placed debt securities market. The bank issued a "Tier-I" TFC (Traded Finance Certificate), symbol AKBLTFC6, with a face value of Rs. 1,000,000. This perpetual debt security has ...

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Soneri Bank Limited Offers “Tier-I” Perpetual TFC

October 26, 2023 Uncategorized

Karachi, Soneri Bank Limited introduced a "Tier-I" TFC (Traded Finance Certificate) with the symbol SNBLTFC3, having a face value of Rs. 5,000. This perpetual debt security offers a profit rate of 6M KIBOR+2.00%. The total issue size for this security...

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NBP Pakistan GrowthXD ETF Observes Low Market Activity

October 26, 2023 Uncategorized

Karachi, NBP Pakistan GrowthXD ETF (NBPGETF) concluded the trading day at PKR 10.86, backed by a daily weighted average rate of PKR 58.753 and a fund size of PKR in millions. The market lot was established at 500. The previous book closure was recorde...

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Pace (Pakistan) Limited Observes Negligible Rate Variation

October 26, 2023 Uncategorized

Karachi, Pace (Pakistan) Limited (PACE) closed its trading day at a rate of Rs. 1.94, barely deviating from its daily weighted average rate of Rs. 1.95. The company, with a paid-up capital of Rs. 2,788.77 million, marks its year-end in June. There wer...

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Bank Al Habib Limited Releases “Tier-II” TFC

October 26, 2023 Uncategorized

Karachi, Bank Al Habib Limited has introduced a "Tier-II" TFC with the symbol BAHLTFC10. These debt securities have a face value of Rs. 5,000 each and a tenor of 10 years. The total issue size is substantial, at Rs. 7,000,000,000, and the next coupon ...

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Hub Power Holdings Limited Launches Sukuk with 5-Year Tenor

October 26, 2023 Uncategorized

Karachi, Hub Power Holdings Limited introduced a Sukuk with the symbol HUBPHLSC, featuring a face value of Rs. 100,000 and a tenor of 5 years. This Sukuk has a total issue size of Rs. 6,000,000,000. Investors can expect the next coupon date on 12th No...

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Bank Islami Pakistan Limited Launches Sukuk (Tier-I)

October 26, 2023 Uncategorized

Karachi, Bank Islami Pakistan Limited unveiled Sukuk (Tier-I) with the symbol BIPLSC, having a face value of Rs. 5,000 and a perpetual tenor. This Sukuk offers a profit rate of 3M KIBOR+2.75%. The total issue size is Rs. 2,000,000,000, and it currentl...

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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.

  • PMD Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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