OREANDA-NEWS. December 11, 2009. “’Muganbank” OJSC launched placement of interest-bearing bearer bonds certified by the State Committee for Securties of the Republic of Azerbaijan under state registration number AZ 200200546 on August 14, 2009, reported the press-centre of Muganbank.

Face value of a bond  is 50 (fifty) AZN. The bonds were issued by the Issuer for the term of 10 (ten) years and ensure annual interest of 2%. Any interested person can get the bonds and chance to win 10 000 AZN. In the event that the bonds did not win, you may hand them over in any branch of the bank and receive your money back. Separately serial number of each bond will take part in the drawing lots arranged by the Issuer in every 45 (forty five) days and gives a chance for the following winnings: 10.000 (2 pcs.), 5000 (5 pcs.), 2500 (10 pcs.), 1000(18 pcs.), 500(29 pcs.), 250(30 pcs.), 100(6 pcs.)

Only that you will need is to buy bonds and wait for the drawing lots arranged in every 45 days, 8 times a year.

The first drawing is not far off, more exactly at 11:00 am, December 15, 2009, in the head office of “Muganbank” OJSC  (address: A.Rajabli Str., 21B, Baku city). In the presence of drawing panel, the first 100 prizes will be drawn. The live broadcasting of the drawing and all the winning numbers you may see at our web-site www.muganbank.az as well as in the newspaper “Xalq”.

Nowadays, the bonds have no analogue in the national market. The bonds can serve as a good gift to you and your relatives, and also chance to increase your  budget.

We would like to note that, “MUGANBANK” OJSC was established in 1992 on the basis of the license of the National Bank of the Republic of Azerbaijan. The main targets of the Bank since its establishment have been  active participation in the development of the economy of the country, provision of all types of bank services to the broad circle of the population as well as yearning to be one of the advanced financial institutions in the bank system. At present the bank has 28 branches and sub-branches.