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Tag: prize bond

first 15-year Zero Coupon Bond
Pakistan
  • Web Desk
  • Jun 18, 2025
Govt launches 15-year bond; raises over Rs1.2tr in auction

According to finance ministry, this new bond does not pay interest every year. Instead, investors receive a lump sum at the end of 15 years, which helps the government reduce short-term repayments and plan finances better.

digital prize bonds
Business
  • Web Desk
  • Mar 18, 2025
Unlimited investment: draft rules for digital prize bonds notified

Initially, the government will issue digital prize bonds in denominations of Rs500, Rs1,000, Rs5,000, and Rs10,000.

Mega Millions jackpot
Business
  • Web Desk
  • Dec 28, 2024
Mega Millions player in California wins $1.3 billion jackpot

The lottery reached the $1.269 billion mark after no one matched all six numbers in the previous 30 drawings. Odds of winning the jackpot are 1 in 302,575,350.

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