Mongolia's sovereign debut

Mongolia attracts twice its GDP for debut bond

Mongolia attracts $15 billion of demand – twice the size of its GDP – for its inaugural bond. Bond bubble anyone?

Denise Wee

November 30, 2012

Mongolia: A frontier market by any measure

Mongolia successfully established a benchmark curve with its $1.5 billion debut bond early Thursday morning, after raking in an astounding $15 billion of orders.

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Debt

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#bond
#sovereign
#arthur lau
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