Prize Bond Having a view to mobilising domestic resources and providing incentive for the little savers, the government of Bangladesh introduced Bangladesh Prize Bond Scheme in June 1974. The bonds issued so far under this scheme are ‘bearer’ in nature and as these kinds of the holders are treated as the owners from the bonds. These bonds are actually government debt and on behalf in the government, bangladesh bank is responsible for entire management on the scheme. Prizebonds don’t bear any interest. But there’s a method of normal prize draw using a specific period of intervals and on the basis from the final results the prizes are given as per the rules set for bonds concerned. The bonds can also be purchased during the offices of Bangladesh Bank, branche on the authorised commercial and specialised banks, National Saving Bureau and also the write-up offices. A scheme for sale of prizebonds during the United Arab Emirates and UK was introduced in November 1979 and October 1980 through janata bank and sonali bank respectively.