{"id":76477,"date":"2021-06-02T10:00:00","date_gmt":"2021-06-02T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76477"},"modified":"2021-06-01T16:23:43","modified_gmt":"2021-06-01T11:23:43","slug":"deadline-extended-encashment-exchange-monetary-bonds","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html","title":{"rendered":"Deadline extended for encashment, exchange of monetary bonds"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses, news sources reported. The new deadline for the same is September 30.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/govt-withdraws-pkr-7500-prize-bonds-from-circulation.html\" target=\"_blank\">Govt withdraws PKR 7,500 prize bonds from circulation with immediate effect<\/a><\/p>\n\n\n\n<p><br>As per the official circular issued by SBP, the monetary bonds worth 15,000, 25,000, and non-registered 40,000 can be exchanged or converted within the new extended deadline, after which the bonds will be of no monetary value. The notice also reads that the encashment cum transfer can only be done through the account. For this reason, the SBP has directed the banks to issue new orders and instructions.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pkr-177b-documented-through-pkr-40000-bearer-bonds.html\" target=\"_blank\" rel=\"noreferrer noopener\">PKR 177b documented through PKR 40,000 bearer bonds<\/a><\/p>\n\n\n\n<p><br>The federal government granted a four-month extension after the figures revealed that a large number of prize bonds have not been returned or encashed. The central bank has also issued instructions that all commercial banks will share branch and region-wise consolidate data of the said bonds held by them with SBP on October 1- after the expiration of the deadline.<br>Previously, SBP decided to discontinue non-registered prize bonds worth 7,500, 15,000, 25,000, and 40,000 to <a href=\"http:\/\/Prize bonds to be converted into registered instruments\" target=\"_blank\" rel=\"noreferrer noopener\">registered premium<\/a> 25,000 and 40,000 bonds through designated SBP centres and 19 commercial bank branches.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses, news sources reported. The new deadline for the same is September 30. Read: Govt withdraws PKR 7,500 prize bonds from circulation with immediate effect As per the official circular issued by SBP, the monetary bonds worth 15,000, 25,000, and non-registered 40,000 can be exchanged or converted within the new extended deadline, after which the bonds will be of no monetary value. The notice also reads that the encashment cum transfer can only be done through the account. For this reason, the SBP has directed the banks to issue new orders and instructions. Read: PKR 177b documented through PKR 40,000 bearer bonds The federal government granted a four-month extension after the figures revealed that a large number of prize bonds have not been returned or encashed. The central bank has also issued instructions that all commercial banks will share branch and region-wise consolidate data of the said bonds held by them with SBP on October 1- after the expiration of the deadline.Previously, SBP decided to discontinue non-registered prize bonds worth 7,500, 15,000, 25,000, and 40,000&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15016,15017],"tags":[45850,10401],"persona":[],"class_list":{"0":"post-76477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-new-developments","9":"category-notices-announcements","10":"tag-govt-withdraws-pkr-7500-prize-bonds-from-circulation","11":"tag-prize-bonds-to-be-converted-into-registered-instruments","12":"cat-15015-id","13":"cat-15016-id","14":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Deadline extended for encashment, exchange of bonds - Zameen News<\/title>\n<meta name=\"description\" content=\"The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deadline extended for encashment, exchange of bonds - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-02T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nauman Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nauman Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Deadline extended for encashment, exchange of bonds - Zameen News","description":"The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html","og_locale":"en_US","og_type":"article","og_title":"Deadline extended for encashment, exchange of bonds - Zameen News","og_description":"The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses","og_url":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2021-06-02T05:00:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg","type":"image\/jpeg"}],"author":"Nauman Ahmad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Nauman Ahmad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html"},"author":{"name":"Nauman Ahmad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0ea33500845f59b56c53060ac1ef44a9"},"headline":"Deadline extended for encashment, exchange of monetary bonds","datePublished":"2021-06-02T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html"},"wordCount":212,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg","keywords":["Govt withdraws PKR 7500 prize bonds from circulation","Prize bonds to be converted into registered instruments"],"articleSection":["Legal &amp; Taxation","New Developments","Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html","url":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html","name":"Deadline extended for encashment, exchange of bonds - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg","datePublished":"2021-06-02T05:00:00+00:00","description":"The State Bank of Pakistan (SBP) has extended the encashment and exchange deadline of the various monetary bonds in a bid to facilitate the masses","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/deadline-extended-encashment-exchange-monetary-bonds.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Deadline extended for encashment, exchange of monetary bonds"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0ea33500845f59b56c53060ac1ef44a9","name":"Nauman Ahmad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","caption":"Nauman Ahmad"},"description":"Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.","sameAs":["https:\/\/www.zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/nauman_ahmad"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/76477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=76477"}],"version-history":[{"count":4,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/76477\/revisions"}],"predecessor-version":[{"id":76481,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/76477\/revisions\/76481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/75881"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=76477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=76477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=76477"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=76477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}