News
GOVERNMENT BONDS TRADED
2011-08-10 00:00:00
In accordance with the Decree No. 30 of the State Great Khural titled, “Measures to Support Domestic Producers and to Increase Employment”, the government was permitted to issue bonds worth of 300 billion tugriks for the purpose of supporting producers of value-added products based on wool and raw materials, and small-to-medium enterprises, and increasing employments. To implement this decree, first issuance of MNT 25 billion government bonds were traded through MSE.
Ch.Ganhuyag Vice minister of Ministry of Finance, Mongolia, B.Javkhlan vice president of bank of Mongolia and Kh.Zoljargal, vice minister of the Ministry of Food, Agriculture and Light Industry opened the bond trading.
Today, bonds worth of MNT 23.2 billion were traded by Mongolian Stock Exchange.
Next scheduled trading of the government bond will take place at the Mongolian Stock Exchange on August 16th and the bond specifications are given below:
Time period /year/ Amount /billions/ Face value /₮/ Total amount Rate
1 200,000.00 100,000.00 20,000,000,000.00 8.00%
2 50,000.00 100,000.00 5,000,000,000.00 9.00%