Agreement with London stock exchange extended - News.MN

Agreement with London stock exchange extended

Old News! Published on: 2015.01.20

Agreement with London stock exchange extended

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Мөнгөнтамир
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An agreement established between the Mongolian Stock Exchange and London Stock Exchange is being extended by three more years without any allocation of additional expenses from the state budget. The two sides will continue to cooperate at a strategic partnership level. 

Activity of the Mongolian Stock Exchange market has been revived since November of last year, and the daily average transaction of monthly trading has reached 700 million MNT. In comparison with June 2014, this amount reflects a five times increase.

The Mongolian Stock Exchange is welcoming the 24th anniversary of its founding with the good news that the faith of international investors is  being revived, which analysts believe will result in a revitalization of the Mongolian capital market.    

Issuing of the new government's first bonds will be launched by Minister of Finance J. Erdenebat. This will be the second trading of Mongolian government bonds in the secondary market in accordance with internationally accepted principles.

 

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