Government issues bonds worth MNT 26.7 billion - News.MN

Government issues bonds worth MNT 26.7 billion

Old News! Published on: 2011.08.17

Government issues bonds worth MNT 26.7 billion

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Мөнгөнтамир
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The Government has started a MNT 300 billion bond issue in accordance with Parliament’s Decree No. 30. According to the decree, the money raised by selling the bonds will help support the producers of wool and cashmere products, as well as small-to-medium-sized business enterprises.

The bonds are being traded on the Mongolian Stock Exchange once a week. MNT 26.7 billion were traded on Tuesday. The next round of trading will take place on August 23.

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