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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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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...