Gov't securities secondary market tradings begin

Ulaanbaatar /MONTSAME/ On the occasion of the 24rd anniversary of the Mongolian Stock Exchange (MSE), the Minister of Finance J.Erdenebat hit the gong to start the 4,896th trade of the MSE on January 19. He also got au fait with the SX activities. The MSE officially commenced on this historic event the secondary market trading of the Government Securities. This is expected to result in the improving of market liquidity of Government bonds, better allocations of the national securities, and in facilitating the environment where the Government securities are bid on daily basis, and re-commercialized before the deadline. It will be of high importance in establishing reliable quantitative data to vividly demonstrate the country’s economic tendencies, through providing an opportunity to have the benchmarks and yield curves transfer into more realistic procedures.