OREANDA-NEWS. May 06, 2010. Very important information for all who have bought or going to buy MuganBank bonds, reported the press-centre of MuganBank.

All the holders of these securities henceforth will have a super chance to win 25.000 AZN. The amount of the grand prize previously was 10.000 AZN. The number of winnings will also increase being doubled and will be 400. These drive changes will take effect from the following fifth anniversary drawing which will take place in MuganBank head office on June 15, 2010.    

BE HOPEFUL FOR THE HOUR OF TRIUMPH
According to the results of the fourth drawing which took place in MuganBank head office on April 30, 2010, the winner of the one of the rather great prizes in the amount of 10. 000 for this once became Soyunov Asad, the customer of the bank. Being congratulated by the bank management the winner noted that a few months ago he acquired exactly 100 bonds to the sum of 5.000 AZN (the value of each bond is 50 AZN) in one of the branches of the bank: 
"During several drawings the fortune avoided me and today my hour of triumph has finally come in. I am grateful to the bank for transparency and wish other bondholders great prizes. Besides I would like Muganbank to open another branch in my region –Zagatala town”.

Note: As per the obligations of MuganBank 45 drawings will be held during 10 years. The winning rate of the bonds is enough high –8% yearly, furthermore the bonds ensure annual interest of 2%. In the event that the bonds would not win, the bondholder may return them to any branch of the bank and receive back the amount on their face value plus the specified interest. The bonds may be converted to cash money any time.  

Taking into consideration the great demand for and high sales of this bank instrument the Issuer has decided to issue another 200.000 bonds to the sum of 10 million AZN. It would be recalled that the bank has issued bonds of the same quantity to the similar sum in the first issue. Thus 5th anniversary drawing will bring more pleasure to the bondholders with the doubled number of prizes, and also a grand prize in the amount of 25.000 AZN.