Tag Archives: State Bank discontinues Rs40

KARACHI: The State Bank of Pakistan (SBP) in a circular issued on Tuesday directed all commercial banks to stop selling Rs40,000 prize bonds from June 24 onwards. “National Prize Bonds of Rs40,000 denomination shall not be sold after June 24, and will not be encashed or redeemed after March 31, 2020,” said the SBP. The government has decided to freeze …

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