Power Holding Limited Offers Innovative Sukuk with Negative KIBOR Spread

Karachi (PPI Bot): Power Holding Limited has introduced a unique Sukuk in the debt market with a profit rate of 6-month KIBOR minus 0.1%, for a tenor of 10 years. The issue size matches the outstanding principal at PKR 199.9668 billion, with the next coupon due on 21 November 2023.

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Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

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