Telecard Limited’s TFC Fulfills Debt Market Obligations

Karachi, Telecard Limited has successfully issued a 6-year Term Finance Certificate (TELETFC), according to its financial disclosure to the Pakistan Stock Exchange. The TFC, with a market lot of 1 and a face value of Rs. 5,000, has an interest rate of 3M KIBOR + 0%. It has a total issue size of Rs. 2.4 billion, with no outstanding principal reported. The last coupon date was December 31, 2021, indicating the completion of this financial instrument’s obligations.

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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 ...