Thirteenth Draw Will Be Held at Head Office of Muganbank
OREANDA-NEWS. June 14, 2011. The thirteenth draw will be held at the head office of “Muganbank” OJSC. The whole draw will be broadcasted online via www.muganbank.az, where you will also find the results of the drawing.
The bank has issued one million of these securities for a 10 year’s period for the face value of 50 Manat. The number of winning bonds has been increased in each drawing and is now 1000. The maximum prize amount is 50.000 Manat.
According to the obligations of “Muganbank” OJSC, 80 draws will be held within 10 years, in every 45 days. The bondholders will be informed about each draw which they may attend. The winning rate of the bonds is enough high, furthermore they ensure annual interest of 2%. In the event that the bonds will not win, their holders may return them and receive back the amount on their face value plus the abovementioned annual interest. Bonds are always real money!
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