Bank Of Baku

Mugan Bank to hold next draw on lottery bonds

Mugan Bank to hold next draw on lottery bonds
# 15 December 2010 12:16 (UTC +04:00)
Bakı. Elnur Hüseynquluyev – APA-Economics. Today, Azerbaijan-based Mugan Bank will hold the 9th draw on the lottery bonds and this draw will be released on the www.muganbank.az.
Bank says the face value per bond was 50 manat and bonds were issued by the bank for 10 years. Series and number of each bank attend the draw in each 45 days.
Besides, Mugan Bank has realized emission of 200 000 bonds with the face value AZN 50, in June 15. Thus, the total emission of bonds reached 400 000 in amount of AZN 20 mln.
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THE OPERATION IS BEING PERFORMED