A Prize Bond is a lottery bond, a non-interest-bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. The funds raised from the sale of Prize Bonds are used to offset government borrowing and are refundable to the bond owner on demand.
Interest is returned to bond owners via prizes distributed by random selection of bonds. Prize Bonds were first introduced in Ireland in 1957, and the scheme was initially operated by the Bank of Ireland. The Prize Bond Company, a joint venture between An Post and FEXCO, is responsible for operating the scheme under its current contract until the end of 2019.
The National Treasury Management Agency is responsible for regulating the company. Prize Bonds can be purchased in units of five Irish pounds, with a minimum purchase of £10. The unit price is currently 6.25 Euros (equivalent to IR£4.92 at the final fixed exchange rate), and a minimum purchase of €25 is required.
Every Prize Bond has a chance to win €500,000 each month and up to €50,000 in all weekly draws. Similar prize bonds are also offered in Pakistan, by the Ministry of Finance, and in the UK, under the name Premium Bonds.
Prize bonds have a lucky draw after the 30 days interval, and winners receive huge cash prizes. The government issued the scheme to generate funds, and for individuals, it is the best way to keep money, without fear of losing original value.
25000 Prize Bond First Prize
Here you can see the 25000 prize bond first prize amount. The value of 1st prize is Rs. 50,000,000 to one winner. The value of 2nd prize is Rs. 15,000,000 to three winner. I hope you know that first thing in the morning. The first two numbers information is given after which the complete list is released at 5 pm.
25000 Prize Bond List 2023 Online Check
Most of People don’t know where they can prize bond list 25000 online checks. I hope you know that first thing in the morning. The first two numbers information is given after which the complete list is released at 5 pm.
25000 Prize Bond Result
I am here to give you information ahead of time as you know 25,000 prize bond will be announced on 11-12-2023 in Rawalpindi.
25000 Prize Bond First Number
You can check here 25,000 prize bond first number and 2nd number.
First Prize Number: 114992 734364
Second Prize Number: 172385, 432696, 445383, 652524, 961034
Today 25000 Prize Bond Karachi Complete list will be mentioned here today at 05:00 Pm. You can see here a clear number image.
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