Development Bank of Mongolia Announces Early Payment Before Maturity on JPY 30 Billion Samurai Bond

ULAN BATOR, Mongolia, May 13 (Korea Bizwire) — Mongolian Prime Minister Oyunerdene Luvsannamsrai has instructed the Development Bank of Mongolia (DBM) to explore potential options, including an early payment, to settle its outstanding Samurai Bond obligations. Following this, the Bank says it will be able to further manage its future obligations and improve its overall [...]