According to the Financial Regulatory Commission Resolution No. 389 dated 21 October 2014 and Chief Executive Officer’s Order No.169 of the MSE dated 23 October 2014, will be traded Mongolian Government Securities with the value of MNT100 billion through the Mongolian Stock Exchange .
In accordance with the terms and conditions provided by the Ministry of Finance, Government Securities with a nominal value of MNT100,000 has been offered to the public weekly. Interest rate of the securities will be determined in accordance with auction results of Central Bank basis sold State Government Securitie’s weighted average interest rate’s volume.
The government issues a risk-free, tax-free, short-term securities in order to support the capital market and it’s participants that will be traded on the primary and secondary markets to the public. Maturity date would be 3, 6 months and 1 year.
Trading orders of Government will be collected through the MSE member brokers starting on 29 October 2014 and the first day of trading would commence on 4 November 2014.
Public Relations Department
MONGOLIAN STOCK EXCHANGE