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Telecard Limited’s Six-Year TFC Ties to KIBOR

Karachi, Telecard Limited has offered a six-year Term Finance Certificate, TELETFC, with a market lot of 1 and a face value of PKR 5,000. It carries a profit rate of 3M KIBOR+0%, signifying the company’s stable interest payment plans. The total issue size is PKR 2,400,000,000. This issue has been fully redeemed, with the last coupon paid on 31-12-2021.

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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...