GSB to launch digital savings bond with lucky draws of Bt1 million each
The Government Savings Bank (GSB) is set to give Thai people a “New Year gift” in the form of a digital savings bond to be sold via the MyMo application from January 11 until March 16, or until the total deposit reaches Bt20 billion, GSB president Withai Ratanakorn said.
“A lucky draw will be held on February 16 and March 16, with 10 random winners chosen at each event who will be given a Bt1 million cash prize each,” he said. “Anyone above the age of 15 can buy the bond at Bt20 per unit. Minimum investment is Bt200 with the maximum capped at Bt10 million per person.”
Withai added that lucky draws for digital bonds will be a separate event from the monthly draw, which is held on the 16th of every month for buyers of GSB bonds. The first prize in this draw is Bt3 million, and also includes prizes for up to five people as well as awards based on account numbers.
All draws will be broadcast live on Facebook @LiveNBT2HD.
“We hope the digital bonds will help promote savings and encourage people to spend money wisely,” he said.
