Finance minister denied to issue the Panda bond


2018-02-07 14:01 GMT+8

Today some media organizations reported that the Government of Mongolia is planning to issue a CNY Panda bond. It is stated in news that "Previous discussion of the bond focused on a five-year term, but the final bond term has not been officially announced. Development Bank of Mongolia plans to issue a USD bond before the Panda bond's release".

But Finance Minister Ch Khurelbaatar denied the above news and required to take a corrective actions against a fake news.  

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