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Govnerment Retail Bond - Ordering

GOVERNMENT RETAIL BOND INFORMATION
Trade and Settlement Date: 09th May 2017
1. Issuer: Ministry of Finance, Mongolia
2. Purpose: Government budget
3. Offered: To the public
4. Type of securities: Retail bond
5. Face value per bond: 100,000 ₮
6. Discounted value: 87,237 ₮ (only for the 52-week bond)
7. Volume: 150,000
8. Description:
Duration |
Volume
|
Value /bln ₮/ |
Maturity date |
Coupon method |
Coupon rate (annual) |
Order start date |
Order closing date |
52 weeks |
100,000 |
10.0 |
2018.05.08 |
Discounted |
14.670% |
2017.05.05 |
2017.05.09 |
104 weeks | 50,000 | 5.0 | 2019.05.09 | Half yearly | 15.995% | 2017.05.05 | 2017.05.09 |
9. Coupon rate: Ministry of Finance sets the rate weekly based on the market rate.
10. Order duration: The orders are closed by 11:30 am every Tuesday. Cash needs to be fully prefunded by this time.
For more information pls contact Standard Investment at +976 70114433 or jargal@standardinvestment.mn
Thank you!