The ministry of finance of Mongolia has chosen Bloomberg for the electronic auction and allocation of Mongolian government bonds as they signed a memorandum of understanding commencing the partnership.

 

The government of Mongolia has made significant progress in developing its government bond market since its launch. The ministry of finance is implementing comprehensive measures to increase market efficiency, transparency, ease of accessibility and open the market to a broader investor base. It seeks to ensure that the Mongolian market is as efficient, transparent and competitive as possible. The Bloomberg bond auction system for Mongolian government bond is expected to launch in Q4 2014.

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