Development Bank to issue USD 200 million in domestic bonds

D.KHAYANKHIRVAA, THE MINISTER OF FINANCE ANNOUNCED THE DEVELOPMENT BANK’S PLAN TO ISSUE USD 200 MILLION WORTH OF DOMESTIC BONDS AND USD 50 MILLION WORTH OF FOREIGN BONDS AT A PRESS CONFERENCE ON MARCH 9TH.

THE NEWS CAME AFTER THE DONORS’ CONTRIBUTION TO MONGOLIAN DEVELOPMENT: NEW CONDITIONS, DIRECTIONS, AND METHODS MEETING HELD AT THE GOVERNMENT HOUSE OF MONGOLIA.

“We discussed with our business partners about how to collaborate and how to overcome situations we will face in the future.” Said the Minister.

“ We observed which donor-countries were interested in Mongolia during the meeting and discussed how to determine the direction of our collaboration.” He continued.

The bond plan will be in introduced to the Government within the month.

SOURCE : MONTSAME.MN

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