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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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...