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On October 30, 2012, the 24th draw of bearer bonds to be held at the head office of “Muganbank” OJSC
30.10.2012

The 24 th draw will be held at the head office of “Muganbank” OJSC. The whole draw will be broadcasted online via www.muganbank.az. You will be able to see the results of the drawing in on the bank’s website and in “Xalq” newspaper.

Baku, Finance Time.  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 and is now 1200. 
The maximum prize amount is 50.000 Manat.

According to the obligations of OJSC “Muganbank”, 80 draws will be held within 10 years, in every 45 days. The bondholders will be informed about each draw which they may also 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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