Trade & Development Bank of Mongolia successfully pays debt - News.MN

Trade & Development Bank of Mongolia successfully pays debt

Old News! Published on: 2017.01.20

Trade & Development Bank of Mongolia successfully pays debt

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Г. Батмандах
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Since its first USD75 million bond emission to the international market in 2007, the Trade & Development Bank of Mongolia has raised a total of USD 1.14 billion from five bonds.

Now, the TDBM  has successfully paid back CNY700 million or USD 115 million in three-yearly tranches. This bond was first issued in 2014.

The TDBM, one of the largest lenders in Mongolia, was privatised in 2002.

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