The Bank of Punjab Aims for December Coupon on Perpetual Tier-I TFC

Karachi: The Bank of Punjab’s perpetual Tier-I Term Finance Certificate (TFC), denoted by BOPTFC2, holds a profit rate of 6M KIBOR+2.00%. With a market lot value of PKR 100,000, the TFC has a total issue size of PKR 8,017,500,000, which remains fully outstanding. The bank is set to make its next coupon payment to investors on 20-Dec-2023.

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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 ...