News
THE PRIMARY MARKET OFFERING OF GOVERNMENT SECURITIES
2011-06-03 00:00:00
Type of Government Securities: Common
Purpose of Government Securities issuance:
Financing of "Long term housing loan program for 4000 government officials"
Face value: 100,000 tugriks
Volume: 360,000
Total: 36.0 billion tugriks
Government Securities offers/volume, period, interest/:
Volume /billion.₮/ Time period /year/ Interest % /annual/
Offer 1: 12.0 1 7.3
Offer 2: 12.0 1.5 7.75
Offer 3: 12.0 2 8.0
Condition of interest payments:
Interest payment on 1 and 1.5-year bonds shall be paid at the maturity, and interest payments on 2-year bonds will be paid at the end of first year and upon maturity.
Bonds trading venue: Mongolian Stock Exchange JSC
Trade date of securities: June 8th 2011
Income generated from the interest payments of Government bonds is tax-free, and Mongolian citizens, foreign nationals, and private sector companies can take part in the trading through local Brokerage and Dealer companies
Contact number/fax: 264158
Ministry of Finance