National prize bonds are bonds issued the Government of Pakistan in denomination of R.s 500, 1,000, 10,000 and 100,000 etc. the holder of such a bond may claim and get the amount of prize declare on each draw by showing the number declared to be the prize winner.
Compensation Bonds are bonds declare to be the payment or compensation for taking up ownership of land or property by the state. Excess land holders of the land reforms in Pakistan and owner of taken over industries were given such bonds in Pakistan.