Based on the Financial Regulatory Commission's Resolution No. 249 on June 5, 2024, and the Executive Director of the "Mongolian Stock Exchange" JSC's Order No. A/239 on May 31, 2024, the initial public offering (IPO) of the "Ulaanbaatar Bond" will commence. Orders for the primary market trading of this debt instrument will be accepted through the Mongolian Stock Exchange's IPO system starting from June 20 to June 26, 2024, between 10:00 AM and 5:00 PM.
Name of Bond: Ulaanbaatar Bond
Number of Bonds: 5,000,000 units
Nominal Value per Bond: MNT 100,000
Total Value of Bond: MNT 500,000,000,000
Interest Rates and Terms
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One-Year Term: 12% annual interest rate, MNT 100 billion
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Two-Year Term: 13% annual interest rate, MNT 100 billion
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Three-Year Term: 14% annual interest rate, MNT 300 billion
Interest Payment Frequency: Semi-annually
Principal Repayment: At maturity
Subscription Period: 2024.06.20 - 2024.06.24 (Weekdays from 10:00 AM to 5:00 PM)
Lead Underwriter: "BDSec" JSC
The bond offering will close once the total subscription amount has been fully raised.
Click here for the prospectus of the securities
MONGOLIAN STOCK EXCHANGE