Pakistan Investment Bonds Rules 2000

Pakistan offers liberal investment regime. The national prize bonds are bearer in nature and ownership of these bonds changes with mere change of hands being interest free holder of these bonds is eligible for the face value of bonds in addition to prize money if any under the governing rules i e.

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State bank of pakistan pakistan investment bonds fixed rate auction result 96 9647 95 6378 104 2091 103 6235 bids rejected 103 9158 103 9158 auction for 3 5 10 15 and 20 year pibs was held on nov 11 2020 with settlement date of nov 12 2020.

Pakistan investment bonds rules 2000. Can be purchased through cash cheque pay order and bank draft. Prize bond is the best investment in pakistan it is considered as the gold investment and it is a bearer type of investment security which gives no premium or profit. Prize bond are available in the denominations of rs.

In the aforesaid rules rule 4 has been substituted as under 4. We are a country where industries flourish. In terms of federal government notification no.

Amendment in pakistan investment bonds rules 2000. Pakistan investment bond fh10 author. Nazir baig created date.

Pakistan investment bonds auction profile face value coupon rate amount in millions 1 december 14 2000 2 december 30 2000 february 14 2001 4 april 18 2001 5 may 21 2001 7 july 21 2001 coupon rate 10 september 22 2001 coupon rate 12 november 22 2001. 1 2002 dated 4th june 2002 the following shall be substituted in place of rule 8 in the pakistan investment bonds rules 2000. Unlimited investment and tenure.

Bids rejected amount in pkr million price range amount. Prize bonds rules 1999 and prize bond refund rules 1963 provided that prize money is claimed within six years from the date of. The government of pakistan vide their notification dated the 6th october 2003 copy enclosed is pleased to make amendment in the pakistan investment bonds rules 2000.

Can be purchased from offices of state bank of pakistan banking services corporations. Is a blanket term for various types of specialized zones. The maturity period of the bonds shall be three five ten fifteen and twenty years.

Amendment in pakistan investment bonds rules 2000. The bonds shall be sold in auction or in such manner as may be specified by the state bank of pakistan. Wht applicable exempt from zakat.

40000 premium bonds. The bids received are as below.

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