Since, November 2014, the Mongolian Stock Market (MSM) has been making primary and secondary exchanges totalling MNT 400 billion. The MTS is working to launch the “Repo Market”, in October 2015 which will have repurchase status. The purpose of the repo market is to improve the convertibility of Mongolia government bonds and to define the real rates of short-term loans and to create the possibilities to process the bonds in a manner beneficial to the investors.