Government of Pakistan will float Rs 25,000 prize bond from February 1, 2012 with the aim to promote public savings in the country. Mr, Zafar Shaikh told reporter that there was a need for a bond with the denomination of Rs 25,000 to cater to market appetite in the country. We have bonds of almost all denominations, but there was a gap of one bond of Rs 25,000 in between Rs 15,000 and Rs 40,000
First Prize on Rs 25,000 bond will be Rs 50 million
3 nos Second prizes of Rs 15 million each
1,696 prizes of Rs 312,000 each
Selling starts in Feburary 2012...1st draw in May 2012
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