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Trade and Development Bank of Mongolia LLC 8.5% 23-DEC-2027

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Key terms


Outstanding amount
‪200.00 M‬USD
Face value
1,000.00USD
Minimum denomination
125,000.00USD
Coupon
8.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
9.09%
Maturity date
Dec 23, 2027
Term to maturity
2 years

About Trade and Development Bank of Mongolia LLC 8.5% 23-DEC-2027


Issuer
Trade & Development Bank of Mongolia LLC
Sector
Finance
Industry
Major Banks
Home page
Issue date
Dec 23, 2024
Trade & Development Bank of Mongolia LLC engages in the provision of banking and financial services. It operates through the following business segments: Corporate Banking, Small and Medium-Sized Enterprise (SME) Banking, Retail Banking, Investment & International Banking, Treasury, and Others. The Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers. The SME Banking segment provides loans, deposits, and other transactions and balances with SME customers. The Retail Banking segment offers loans, deposits, and other transactions and balances with retail customers and card customers. The Investment & International Banking segment covers the Group's trading, corporate finance, borrowing from foreign financial institutions, and bond issuance in the international capital market. The Treasury segment represents the funds management activities. The Others segment consists of the headquarter operations and central shared services operation. The firm also provides savings account, loan, current account, payment cards, international transfer, bank transfer, and insurance. It also offers statements and information, and deposit box. The company was founded by Balbar Medree on October 19, 1990 and is headquartered in Ulaanbaatar, Mongolia.
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