Debt FinancingWHAT IS A BOND?A bond is a financial instrument that certifies the commitment to repay a fixed amount of money with interest after a specified period. In Mongolia, government agencies, local administrations, and private enterprises can issue bonds in the debt market.

BOND ISSUANCE PROCESS

VALUATION CONPANYStable Management Team – Leadership should have consistency over time, Unchanged Key Shareholders – Major shareholders should not have shifted significantly, Corporate Governance Code – Issuers must adhere to governance principles