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Telecard Limited’s TFC: No Outstanding Principal with Next Coupon Date on December 31, 2021

Karachi: Telecard Limited’s TFC, with a face value of Rs. 5,000 per Mkt. Lot and a tenor of 6 years, offers a profit rate of “3M KIBOR + 0%”. The total issue size for this security is Rs. 2,400,000,000, with no outstanding principal as of the current data. Investors should be aware that the next coupon date was on December 31, 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...