Hordes interested in MongoliaÆs first cross-border bond

Trade & Development Bank of Mongolia is set to launch the countryÆs cross-border debut.

MongoliaÆs first cross-border public bond offer is being marketed to investors this week. The Trade Development Bank of Mongolia and its bankers, ING, kicked off the roadshow in Singapore on Monday, followed by Manila, Hong Kong and London today, with pricing expected by Tuesday at the latest.

The bank is MongoliaÆs biggest and oldest û a relic from the one-bank system of the Soviet days û that was taken over at the end of 2006 by Globull, a consortium...

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