On Wednesday,10^th of May, the Mongolian Government issued bonds, having received an order for 15 billion MNT; this is part of its plan to raise 346 billion MNT during the second quarter of 2017.

Approximately 26 billion MNT will be raised from bonds in May. Analysts note that the sale of bonds has increased as the government has decided to complete transactions through the Mongolian Stock Exchange (MSE).

On May 9, the government issued a 52-week bond with a 14.67 percent interest rate and a 104-week bond with a 15.99 percent interest on the primary market. Compared to bonds issued on April 11, the interest rate has decreased by two percent from its initial 18 percent interest rate.

The decrease in the interest rate has been sudden, as bonds issued on April 25^th had an interest rate of 16 percent, while the most recent bond has an interest rate of 14.6 percent.