ISLAMABAD, Nov 9: The Central Directorate of National Savings (CDNS) has attracted an investment of Rs180 billion during the first four months of current financial year 2012-13 against the target of Rs75 billion through its various saving schemes which is a record in history of savings in the country.

“This is a reflection of confidence of the investors in various national saving schemes,” a statement of the CDNS said.

The statement further said that Central Directorate of National Savings (CDNS) is playing an important role and is busy in the socio-economic development of the country by promoting safest investments in savings schemes of the country.

The statement further said that the CDNS has decided to launch Rs100 denomination prize bonds from Nov 16, and bonds would be available for sale in all branches of the CDNS across the country.

The first prize of the Student Welfare bonds will be Rs700,000 while second prize of the bond would be Rs200,000 each would be given to three winners and the third prize of Rs1,000 each will be given to the winners of 1,199 bond winners.

The statement said that the first draw of Rs100 denomination bonds would be held on Feb 15 next in Karachi.

The statement added that the objective of the launching the students bonds was to encourage and promote of savings habits among students. —APP