P\r
Prize Bond formula center\r
BOND=200\r
City \r
Prize Bonds is gold investment and are bearer type of security available in the denominations of Rs.200, Rs.750, Rs.1,500, Rs.7,500, Rs.15,000,Rs.25000 and Rs.40,000. These bonds are issued in . Eachconsist of one less than 1,000,000 bonds. No fixed return is paid but prize draws are held on quarterly basis. The draws are held under common draw method and the number of prizes are same for each . It means that if 50of Rs.200 Prize Bond are in circulation. -\r
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