Ulaanbaatar
'Suu' JSC Launches Bond Trading with Ring the Gong Ceremony
Economy
Ulaanbaatar, September 8, 2025 /MONTSAME/. As part of efforts by the Financial Regulatory Commission (FRC) to expand the capital market and enable major national enterprises and companies to raise financing from the domestic market, a simplified bond regulation has been introduced. Within this framework, “Suu” JSC launched the primary market trading of its “Suu 2.0” bond on September 8, 2025, with a Ring the Gong ceremony.
Opening the ceremony, Vice-Chairman of the Financial Regulatory Commission Tserenbadral Tudev noted, “The Financial Regulatory Commission has taken several steps to develop the capital market, particularly the bond market. One of the fundamental products of the capital market is bonds. International experience shows that the development of the bond market directly contributes to the growth of the capital market. Therefore, in 2021, we classified registration procedures into two categories: shares and bonds. This introduced regulations that allow domestic enterprises and companies to raise financing from the capital market in a simpler, faster, and cost-effective manner. For instance, companies can now register bonds in aggregate and issue them in portions, and if rated by a credit rating agency, they may issue bonds without requiring collateral or guarantees.”
Furthermore, in April of 2025, the FRC, in cooperation with the Mongolian National Chamber of Commerce and Industry, amended regulations to expand opportunities for major national companies—those ranked in the “Top 100 Enterprises”—to raise financing through bond issuance. Specifically, these enterprises are now allowed to raise to MNT 5 billion from the capital market without collateral or guarantees.
The current “Suu 2.0” bond is the first product issued by a “Top 100” enterprise under the FRC’s newly amended bond regulations.
