Prize Money of Bearer Bonds of Muganbank Exceeded 0,5mn AZN
OREANDA-NEWS. February 19, 2013. Prize money of the bearer bonds has grown by 125 000 AZN and reached AZN 562 500 AZN, reported the press-centre of Muganbank.
Starting from next drawing, prize money will be distributed as follows:
50 000 AZN - 1 prize,
10 000 AZN - 2 prizes,
5 000 AZN - 6 prizes,
2500 AZN - 18 prizes,
1000 AZN - 50 prizes,
500 AZN - 201 prizes,
250 AZN - 632 prizes,
100 AZN - 1090 prizes.
So, the number of winning numbers in drawing which is held each 45 days has reached 2000.
It should be reminded that “Muganbank” OJSC offers unique product of bearer bonds in the country. This project passed official registration in State Committee of Securities. Bank has issued 1 mln. bonds to the amount of 50 mln. AZN. It is planned to hold 80 drawings for 10 years of turnover.
More detailed information about the results of winnings is available at official website of the bank. Besides, on the bank’s website, one can watch the drawing which is transmitted online, providing transparency of the whole process. High demand for this product is provided by customers’ trust to bearer bonds. Bank guarantees the liquidity of its securities.
One of the advantages of bearer bonds is a low risk exposure and an opportunity of these securities owners become a winner of one of the 2000 prizes, drawn each 45 days
These conditions are significant basis for an additional investments in family budget. So, bond owner may return bearer bonds at any branch of “Muganbank” OJSC and receive amount of nominal value plus annual percent.
Next 27th drawing will be held on 15 March 2013 at the head office of the bank, located on address 21 B. Ahmad Rajabli street, Baku.
Detailed information is available via phone number (012) 933 or at official website of the bank http://www.muganbank.az, or at Facebook page of “Muganbank” OJSC.
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