{"id":94113,"date":"2023-07-06T13:21:27","date_gmt":"2023-07-06T08:21:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=94113"},"modified":"2023-07-06T13:21:28","modified_gmt":"2023-07-06T08:21:28","slug":"first-gender-bonds-pakistan-works","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/first-gender-bonds-pakistan-works.html","title":{"rendered":"Pak&#8217;s 1st &#8216;gender bond&#8217; in works to empower women-led micro-businesses"},"content":{"rendered":"\n<p>Karachi: InfraZamin Pakistan and Kashf Foundation have collaborated to introduce Pakistan&#8217;s first gender bond, with a target to raise PKR 2.5 billion through subscriptions, a news source reported on July 5. \u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-prize-bonds-deadline.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP extends prize bonds encashment deadline\u00a0<\/a><\/p>\n\n\n\n<p>As per the details, the bond is expected to be fully subscribed within the next four to six weeks and will subsequently be listed on the Pakistan Stock Exchange within 180 days. The funds raised from the bond will be used by Kashf Foundation to exclusively lend to women for the development of micro-infrastructure projects, including school construction, flood rehabilitation, and the expansion of women-led micro-businesses.<\/p>\n\n\n\n<p>The bond should meet the global standards to be categorised as gender bonds and is likely to be the first of its kind in South Asia and the Middle East. The instrument carries a 100% credit guarantee from InfraZamin and is priced at the three-month Karachi Interbank Offered Rate (Kibor) plus a 1.5%-point spread.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/encashment-of-prize-bonds.html\" target=\"_blank\" rel=\"noreferrer noopener\">Deadline for encashment of discontinued prize bonds extended again<\/a><\/p>\n\n\n\n<p>The bond has garnered interest from mutual funds, pension funds, and insurance companies, and Arif Habib Ltd. has served as the arranger for the bond. The successful issuance of the bond is expected to support the development of micro-infrastructure for 30,000 women from low-income households and contribute to the empowerment of women in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan&#8217;s first &#8216;Gender Bond&#8217; is in works that will empower women-led micro-businesses through joint working of infraZamin and Kashf Foundation&#8230;<\/p>\n","protected":false},"author":83,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[57174,57173],"persona":[],"class_list":{"0":"post-94113","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-gender-bond","9":"tag-paks-1st-gender-bond-in-works-to-empower-women-led-micro-businesses","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Gender Bond in Pakistan in Works- Zameen News<\/title>\n<meta name=\"description\" content=\"The first gender bond in Pakistan is under works which will empower women-led micro-businesses for infrastructural development....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/first-gender-bonds-pakistan-works.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Gender Bond in Pakistan in Works- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The first gender bond in Pakistan is under works which will empower women-led micro-businesses for infrastructural development....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/first-gender-bonds-pakistan-works.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-06T08:21:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-06T08:21:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Iqra Masood\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iqra Masood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"First Gender Bond in Pakistan in Works- Zameen News","description":"The first gender bond in Pakistan is under works which will empower women-led micro-businesses for infrastructural development....","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/first-gender-bonds-pakistan-works.html","og_locale":"en_US","og_type":"article","og_title":"First Gender Bond in Pakistan in Works- Zameen News","og_description":"The first gender bond in Pakistan is under works which will empower women-led micro-businesses for infrastructural development....","og_url":"https:\/\/www.zameen.com\/news\/first-gender-bonds-pakistan-works.html","og_site_name":"Pakistan Real Estate News &amp; 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