Northeast Asia | Mongolia's bonds rally after US$5.5b bailout avoids default

Mongolia’s bonds rally after US$5.5b bailout avoids default

Investors who didn't blink as country stared into abyss land big reward as IMF, World Bank and China step in with refinancing

February 21, 2017 9:44 PM (UTC+8)
See? No strings: Mongolian Foreign Minister Tsend Munkh-Orgil (L) meets with Chinese counterpart Wang Yi ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on February 20. Photo: Reuters
See? No strings: Mongolian Foreign Minister Tsend Munkh-Orgil (L) meets with Chinese counterpart Wang Yi ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on February 20. Photo: Reuters
Concept, design & development by
Powered by