Tech Desk 
Mar 09, 2025
An undated image of Rs1,500 prize bond. —State Bank of Pakistan
In the wake of its efforts to normalise digitalisation across Pakistan, it emerged on Sunday that the government is gearing up to launch digital prize bonds in the country.
According to The News, the notable leap will be taken by Central Directorate National Savings (CDNS), which the Finance Division has directed to introduce digital prize bonds, reportedly in a bid to address the vacuum created by the recent discontinuation of bearer prize bonds.
What sets the rollout of digital prize bonds apart is an environment-friendly approach at its core, eliminating expenses involving printing and logistics. This takes down the possibility of damaging or losing them.
Moreover, another remarkable aspect of this kind of prize bonds is that they're registered under the name of the buyer, reducing the risks associated with theft or fraud.
Besides facilitating effortless selling, purchasing and the perks mentioned above, the launch of digital prize bonds also marks a significant step towards documenting the economy and enhancing transparency and accountability.
Given the intermittent confirmations from the Finance Division and a summary issued by the finance ministry for approval from competent forums, the government will issue digital prize bonds of Rs500, Rs1,000, Rs5,000 and Rs10,000 in denominations.
