Baku, Azerbaijan, Sept.16
The results of the 39th draw of bearer bonds held on September 15, 2014 at the head office of Muganbank OJSC are now known.
The total prize fund of the each draw of the bearer bonds amounts to 562 500 AZN, the number of prize bonds being 2000. The maximum prize amount is 50 000 AZN.
The numbers of lucky bonds are published on the next issue of Khalg gazeti, as well as, on the Bank's official website (http://www.muganbank.az/retail/bearer-bonds/list/). You can also call 933 for more information.
The next 40th draw will be held on October 30, 2014 at the Muganbank head office, A. Rajabli Str. 21B, Baku.
This bond project of Muganbank OJSC was registered with the State Committee for Securities in 2009. The Bank has issued 1 mln. bonds in a total amount of 50 mln. AZN. The face amount per bond is 50 AZN. 80 draws will be held within 10 years circulation period.
The advantage of this product as being risk-free is an important and attractive factor. The winning statistics of this product is good enough, besides each bondholder is provided with a profit of 2% per annum. The bondholders can any time return their bonds to any branch of the bank and get back the face amount of the bond plus the above mentioned interest.
The official exchange rate for September, 16 is 0, 7843 AZN / USD.