DEVELOPMENT BANK OF MONGOLIA

MICC served as the financial advisor for the Development Bank of Mongolia's (DBM) successful bond issuance, facilitating the launch of Mongolia’s first floating-rate bonds and attracting foreign investment in Mongolian Tugrik (MNT). The issuance raised MNT 707 billion across five trades, with MNT 219 billion from floating-rate bonds and MNT 488 billion from fixed-rate bonds.