information about new Prize bond of Rs.25000 Launced on Feb 2012.

information about new Prize bond of Rs.25000 Launced on Feb 2012.

New Prize Bond Rs.25000 Govt. of Pakistan announce new prize bond of Rs.25000 for which sale is already started. the draws of this bond will occur in following dates in 2012 Rs. 25,000 May, 02 2012 Wednesday RAWALPINDI Rs. 25,000 August, 01 2012 Wednesday LAHORE Rs. 25,000 November, 01 2012 Thursday HYDERABAD All information about new Prize bond of Rs.25000 (CDNS) will float Rs 25,000 prize bond from February 1, 2012 with the aim to promote public savings in the country on one side and encourage non-bank borrowings to control inflation. Director general CDNS Zafar Shaikh told reporter Monday 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, he added. “Now we are issuing this bond with the aim to promote public savings which is the main demand of the national economy. If you can encourage …