Telecard Limited TFCs Offer Zero Markup Over KIBOR

Karachi (PPI Bot): Telecard Limited has issued TFCs with a unique feature of a profit rate equal to 3-month KIBOR with no additional markup. The face value per certificate is PKR 5,000, and the total issue size was PKR 2.4 billion, which has been settled as of 31 December 2021.

Check Also

Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...