Prize Bonds is gold investment, which is bearer type of security available in the denominations of Rs 200, Rs 750, Rs 1,500, Rs 7,500, Rs 15,000,Rs 25000 and Rs 40,000. Here we provide you all information and latest updates of Prize bond, if you are interested in Prize bond then you should Bookmark this page. Prize bonds are issued in series and 1000000 prize bonds are consisted in each series.
A Prize Bond is a lottery bond and a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company Limited. Money raised are used to counteract government borrowing and are refundable to the bond owner on insist. Interest is returned to bond owner through prizes those strewn by means of random selection of bonds. Pakistan by the Ministry of Finance and in the UK under the name Premium Bonds also offered prize bond.
First Bond Sold : March 1957
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