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 draws are held under common draw method and the number of
prizes are same for each series. It means that if 50 series of Rs.200 Prize
Bond are in circulation. On 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 is shown in the following table*:
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