Prize bonds are one of the most popular investment options in Pakistan. They offer an opportunity for people to try their luck in a government-backed lottery system while keeping their investment secure. However, like any financial instrument, prize bonds come with both advantages and disadvantages. Many Pakistanis buy prize bonds in the hopes of winning …
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SBP Sets December 31 as Final Deadline for Prize Bonds
The State Bank of Pakistan (SBP) has announced that holders of Rs25,000 and Rs40,000 prize bonds must redeem them by December 31. A spokesperson for SBP emphasized that no requests for redemption or exchange will be entertained after this date. The deadline also applies to Rs15,000 and Rs7,500 prize bonds. Bondholders have been urged to …
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