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Morning News: Pakistan Largest Bank to Launch its Treasury ETF – By WE Research

  • By: WE Financial Services Limited

  • - Published: Monday, 12 September 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Pakistan Stock Exchange is pleased to notify the listing of HBL Total Treasury Exchange Traded Fund (the &ldquo;HBLTETF&rdquo; or the &ldquo;ETF&rdquo;) managed by HBL Asset Management Limited (the Management Company) on completion of formalities required under its Exchange Traded Funds (ETFs) regulations. HBLTETF will be listed on the Exchange w.e.f. Monday, September 12, 2022 and trading in the Units of the ETF will commence from the same day in the Ready Delivery Contract Market through Karachi Automated Trading System (KATS) and will be settled through National Clearing Settlement System (NCSS) on T+2 basis, as required under clause 16.3 of the PSX Regulations.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-seri...

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