Telecard Limited’s TFC Fully Redeemed

Karachi: Telecard Limited issued a TFC, TELETFC, with a six-year tenure and a market lot size of Rs. 5,000. The profit rate was set at 3M KIBOR + 0%. This issue has been fully redeemed, with a total issue size of Rs. 2,400,000,000 and no outstanding principal as of the last coupon date on 31-12-2021.

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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 ...