Government pays off Mazaalai bond
The final USD 132.6 million repayment of the USD 500 million, 5-year maturity, 10.875 percent interest rate ‘Mazaalai’ bond the Government of Mongolia issued on the international financial market in 2016 was made on April 6, 2021, and the final USD 60 million repayment of the USD 250 million commercial loan borrowed from Credit Suisse Bank in 2016 was made on March 15, 2021.
1114 days