Nafa Fund as Collateral

RECORDER REPORT

KARACHI: The Karachi Stock Exchange (KSE) has informed all its members that NAFA Government Securities Liquid Fund has completed all eligibility requirements of the acceptance as collateral. Therefore, the same would be acceptable as collateral against margins requirements with immediate effect.

The updated list of Open End Funds acceptable as collateral includes Askari Sovereign Cash Fund, JS Cash Fund, KASB Cash Fund, MCB Cash Management Optimizer Fund, Meezan Cash Fund, NAFA Government Securities Liquid Fund, Pakistan Cash Management Fund and UBL Liquidity Plus Fund.