100 tk Prize Bond Draw Result www.bangladesh-bank.org

100 tk Prize Bond Draw Result www.bangladesh-bank.org



Bangladesh Bank 100 Taka Prize Bond lottery draw held on today, Wednesday, 30 April 2014. Bangladesh Bank Prize Bond Lottery Result has been published on our website and also Bangladesh Bank official website www.bangladesh-bank.org.
The previous 74 prize bond draw was held on January, 2014. Bangladesh Bank has given draw every 03 months.

The 75th draw for Tk 100 Prize Bonds held at the conference room of the Dhaka Divisional Commissioner’s office today.The first prize is six luc Tk, 2nd prize is 3.25 luck and one luc for the third winner. Single standard method (for each series of the same number) this ‘Draw’ is managed. 100 denomination 46 series.
Prize money in every series :
1st Prize -1 Tk.=6,00,000/-
2nd Prize -1 Tk.=3,25,000/-
3rd Prize -2 Tk.=1,00,000/-
4th Prize -2 Tk.= 50,000/-
5th Prize -40 Tk.= 10,000/-
This included 46 normal number of series declared eligible for the award. Above the first, second and third prizes for each series of the award and the following bonds generally are considered as eligible.
For example, for the first award announced in the number of bonds of each series of the first prize will be eligible. Similarly, the second, third, fourth, and fifth of their value in the awards were announced for each series of the award are eligible.
You can Search prizebond draw results for the last 8 draws. This opportunity is provided by Bangladesh Bank. Detail instructions are given below. For multiple Prizebond searches please do not give any space after comma. It should look like 0030401,0123901,1234708,1234708 etc.

75th Draw of 100 Taka Prize Bond Lottery by Bangladesh Bank.


100 tk Prize Bond Draw Result www.bangladesh-bank.org. Lottery bonds are a type of government bond in which some randomly selected bonds within the issue are redeemed at a higher value than the face value of the bond. Lottery bonds have been issued by France, Belgium, the UK and the other major nations of Europe.
 

100 tk Prize Bond Draw Result www.bangladesh-bank.org. Outwardly, lottery bonds resemble ordinary fixed rate bonds; they have a fixed, though usually long, tenor and pay regular coupons. The individual bonds within each issue are numbered, like ordinary bonds, but the serial numbers serve a different function from ordinary bonds. For a lottery bond the serial number is an added incentive for the purchaser to buy the bond.

100 tk Prize Bond Draw Result www.bangladesh-bank.org Although the details vary by bond and by issuer, the principle remains the same. A drawing takes place according to a schedule to decide which serial numbers are to be redeemed. The individual bonds within the issue thus identified by the drawing are then bought back by the issuer, so that the total value of an issue will decrease as time passes and more bonds are redeemed. A small number of bonds are redeemed for an amount greater than their face value. Hence the holder of that particular bond will have won the ‘lottery’. Lottery bonds are similar to prize-linked savings accounts.

100 tk Prize Bond Draw Result www.bangladesh-bank.org. If the government of Belgium issues a 10 year lottery bond to finance re-gilding the Atomium, the issue may consist of 10,000 individual bonds with a face value of EUR 1,000. The coupon rate is reasonable to attract investors, but not high. However, the issuer has committed to redeem 5,000 of the 10,000 bonds issued before the bond’s maturity date and has further committed to redeem 120 of these at a redemption value of EUR 1,250.

100 tk Prize Bond Draw Result www.bangladesh-bank.org. This means that any purchaser of a single bond for EUR 1,000 will receive annual interest a little above the bank rate, but will also have a 1.2% chance of winning an additional 25% of his original investment.


100 tk Prize Bond Draw Result www.bangladesh-bank.org. So the issuer borrows 10,000 * 1,000 EUR which is 10 Million Euros. It will repay 120 of those bonds at 1,250 EUR which is equal to 150,000 EUR and a further 9,880 at 1,000 EUR (9,880,000 EUR) making a total of 10,030,000 Euros, or 100.3% of the original borrowing. The issuer will also pay interest on any unredeemed bonds. 


100 tk Prize Bond Draw Result www.bangladesh-bank.org

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