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Soneri Bank Limited Announces 10-Year TFC

Karachi: Soneri Bank Limited has announced the release of a 10-year TFC, under the symbol SNBLTFC4, with a market lot of one and a face value of PKR 100,000. The profit rate is associated with the 6-month KIBOR plus 1.7%. The TFC’s total issue and outstanding principal amounts are both PKR 4,000,000,000. The next coupon payment is expected on 26th December 2023.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...