DBM successfully issues additional $250 million
The Development Bank of Mongolia successfully increased the size of its US$500 million 6.90% coupon bond maturing in 2031 by an additional US$250 million through a tap issuance in June this year, bringing the total outstanding amount to US$750 million.
This transaction not only marks the second-largest international bond issuance in Mongolia's history but also stands as the largest bond transaction in Asia's frontier markets in 2026.
