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U Microfinance Bank Limited Issues TFC

Karachi, U Microfinance Bank Limited has issued a TFC (UMBLTFC1) with a market lot of 1 and a face value of Rs. 100,000. This four-year tenor security offers a profit rate of “6M KIBOR +1.35%”, applied to a total issue size and outstanding principal of Rs. 3,500,000,000. The next coupon date is set for 23-Dec-2023.

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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...