Prize bonds investment soars by 17.07 percent to Rs929.64bn

Prize bonds investment soars by 17.07 percent to Rs929.64bn

KARACHI: The investment in prize bonds has soared to Rs929.64 billion by January 2019 as compared with Rs794.09 billion by the same month of the last year, showing an increase of 17.07 percent.

According to statistics issued by State Bank of Pakistan (SBP), the savings mobilized through prize bonds had increased to Rs929.64 billion January 2019 through different categories of prize bonds.

The statistics have shown the investment in higher denomination prize bonds increased more rapidly then the lower denomination.

Following is the position of investments in different prize bonds:

(Rs in million)

S. No.Prize BondsJan 2019Jan 2018% Increase
01Rs1009,7718,79511.09
02Rs20029,32527,0768.30
03Rs75098,59086,52013.95
04Rs1,500105,01990,07816.58
05Rs7,50096,22175,31727.75
06Rs15,000173,803144,78020.04
07Rs25,000156,923135,08016.17
08Rs40,000259,130225,58614.86

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