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Tag: Prize Bonds

  • 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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    Investment in registered prize bonds surges by 30pc

  • Investment in registered prize bonds surges by 30pc

    Investment in registered prize bonds surges by 30pc

    ISLAMABAD: The investment into premium prize bonds of Rs40,000 has registered significant increase of 30 percent owing to attractive avenue for persons having legitimate money.

    The investment into the premium prize bonds increased to Rs5.86 billion by January 2019 as compared with Rs4.52 billion in the same period of the last year.

    In order to promote documentation of economy, the registered bonds with denomination of Rs40,000 was launched two years ago.

    The first prize of the premium bond is Rs80 million and the winner of the draw will get the prize money directly to his bank account.

    The registered bond is only issued against Computerized National Identity Card (CNIC) and account maintenance certificate of the account number mentioned in application.

    The bond has bi-annual profit at three percent per annum for all premium prize bond holders.

  • Investment in unregistered prize bonds increases to Rs922.78 bn

    Investment in unregistered prize bonds increases to Rs922.78 bn

    KARACHI – According to the latest debt statistics issued by the State Bank of Pakistan (SBP), the investment in unregistered prize bonds has witnessed a significant surge, recording an increase of 17 percent to reach Rs922.78 billion by the end of December 2018.

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