Prize Bonds PAKSITAN

The Government of Pakistan has announced the launch of Rs. 100,000 prize bonds by March 2019 reportedly.

Those who intend to invest in the bonds are to get 12.5% profit per annum as per the report. As of now, RS 6 billion have been invested in Rs. 40,000 bonds.

Prize bonds are a scheme introduced by a country’s government which allows individuals to win a prize if they place 1st, 2nd, or 3rd in a draw.

The bonds start from Rs. 100 and go up to Rs. 40,000 respectively. There can be multiple prize winners even 100 at a time.

*Note: This is a developing story.

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