Prize Bond Scheme Offer By Govt. Of Pakistan
Prize Bonds Are Bearer Type Of Security Available In The Denominations Of Rs.200, Rs.750 Rs.1,500, Rs.7,500, Rs.15,000 And Rs.40,000. These Bonds Are Issued In Series. Each Series Consist Of One Less Than 1,000,000 Bonds. No Fixed Return Is Paid But Prize Draws Are Held On Quarterly Basis. The Drays Are Held Under Common Draw Method Are The Numbers Of Prizes Are Same For Each Series. It Means That If 50 Series Of Rs.200 Prize Bond Are In Circulation. One Each Draw Have 50 Winners Of 1st Prize And 250 Winners Of 2nd Prize And so On. The Number And Amount Of Prizes On Various Denomination Of Prize Bonds For Each Series In Shown In The Following Table: