Q:

How often are Prize Bond 750 drawings held?

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Quick Answer

Prize bond 750 drawings are held four times per year, as of 2015. The drawings are held on the 15th of January, April, July and October.

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Full Answer

Prize bonds are an investment bond offered by the National Savings Board of Pakistan. Rather than interest being paid on these bonds, prizes are awarded to a randomly selected group of bond holders. For the 750 rupee bond, 1,700 prizes are awarded at each drawing, with a first place prize of 1.5 million rupees, three second place prizes of 500,000 rupees and 1,596 third place prizes of 9,300 rupees. Prize bonds are available in denominations of 100 to 40,000 rupees.

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