The ‘ETT bond’, a bond issued as a part of the “Comprehensive Plan of MNT 10 trillion for Economic Recovery” implemented by the Government of Mongolia, will raise up to MNT 2.0 trillion worth self-guaranteed MNT and USD denominated bonds in three tranches. In primary market trading of the first tranche of ‘ETT BOND’ went successfully during the period between March 30, 2021 and April 09, 2021.
The second tranche of ‘ETT BOND’ worth USD 200.0 million will be offered to public, and the primary market trading orders of secondary tranche of ‘ETT BOND’ will be received by the MSE member brokerage companies starting from August 16, 2021 and the orders will be placed on the MSE trading system between 10am-5pm during the period between August 19, 2021 and August 25, 2021.
|
Type |
Value |
Volume |
Price |
Coupon rate |
Return |
Duration |
Tick size |
|
USD |
$100,000,000 |
1,000,000 |
$100 |
5.8 % |
5.8 % |
24 months |
0.05 |
|
MNT |
₮285,000,000,000 |
2,850,000 |
₮100,000 |
10 % |
10 % |
36 months |
According to the ‘Primary market trading rules’, price of securities will be determined by the book building method and if order exceeds the subscription, it will be allocated on a pro-rata basis.
MONGOLIAN STOCK EXCHANGE