MNT 261 billion in bonds - News.MN

MNT 261 billion in bonds

Old News! Published on: 2015.08.24

MNT 261 billion in bonds

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The Mongolian Mortgage Corporation (MMC) is going to issue MNT 261 billion guaranteed equity bonds for the sixth time. The average loans per person will be MNT 42 million; the term of the loans will be 20 years. In total, 90% of the bonds will be preferential bonds; the remaining 10% – simple bonds. MMC officials obtained permission to issue the bonds from the “Financial Coordinating Committee” on 3rd August.

 

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