It was previously been reported that Government of Mongolia or Ministry of Finance has successfully issued government bonds worth MNT 15 billion. It is reported that Ministry of Finance is to issue more government bonds during July 222-28th.
Owner of the bond: The Ministry of Finance
Purpose of the bond: State Budget Monetary Asset management
Offering range of the bond: Public Offering
Type of the bond: Government retail bonds
Par Value: MNT 100,000
Discounted Value: MNT 92,882.00
Total quantity of the bonds: 100,000
Specification of the short-term bond
|
Quantity /pieces/ |
Total Value /MNT billion/ |
Period /7 days/ |
Form of interest payment for interest * |
Interest rate (percent) |
Start day of the order |
Closing day of the trade |
|
100,000 |
10.0 |
28 |
Discounted |
14.271% |
2015.07.22 |
2015.07.28 |
*-Coupon of the Government bond will be estimated based on 365 days.
Interest rate: The Ministry of the Finance will determine the interest rate based on the quoted market rates.
Period for order: Mongolian Stock Exchange will receive order for 6 days and order will be closed at 11AM of the sixth day.
Acceptance time of the order: Wednesday: 2PM-4PM, Thursday to Next Monday: 10AM-4PM, Tuesday:10AM-11AM.
Trade Process: After receiving total orders at trade system of Mongolian Stock Exchange, orders will be sent to the Ministry of Finance by online. Bonds will be distributed after the approval of the Ministry of Finance.
The number of the Government retail bond which will be traded each week will depend on the remaining amount of traded bonds of previous week.
Photo credit: B.Byamba-Ochir
It was previously been reported that Government of Mongolia or Ministry of Finance has successfully issued government bonds worth MNT 15 billion. It is reported that Ministry of Finance is to issue more government bonds during July 222-28th.
Owner of the bond: The Ministry of Finance
Purpose of the bond: State Budget Monetary Asset management
Offering range of the bond: Public Offering
Type of the bond: Government retail bonds
Par Value: MNT 100,000
Discounted Value: MNT 92,882.00
Total quantity of the bonds: 100,000
Specification of the short-term bond
|
Quantity /pieces/ |
Total Value /MNT billion/ |
Period /7 days/ |
Form of interest payment for interest * |
Interest rate (percent) |
Start day of the order |
Closing day of the trade |
|
100,000 |
10.0 |
28 |
Discounted |
14.271% |
2015.07.22 |
2015.07.28 |
*-Coupon of the Government bond will be estimated based on 365 days.
Interest rate: The Ministry of the Finance will determine the interest rate based on the quoted market rates.
Period for order: Mongolian Stock Exchange will receive order for 6 days and order will be closed at 11AM of the sixth day.
Acceptance time of the order: Wednesday: 2PM-4PM, Thursday to Next Monday: 10AM-4PM, Tuesday:10AM-11AM.
Trade Process: After receiving total orders at trade system of Mongolian Stock Exchange, orders will be sent to the Ministry of Finance by online. Bonds will be distributed after the approval of the Ministry of Finance.
The number of the Government retail bond which will be traded each week will depend on the remaining amount of traded bonds of previous week.
Photo credit: B.Byamba-Ochir