Government Bond and Securities auctions results

Ulaanbaatar /MONTSAME/ Auction for five years maturity Government Bond was announced Wednesday at face value of 10 billion MNT and each unit was worth one million MNT. Government Bond was not sold due to absence of both competitive and non-competitive bids. Another auction was announced for 52 weeks maturity Government Treasury bill was announced at face value of MNT 20 billion. Face value of three billion /out of 23 billion bid/ Government Treasury bill was sold at discounted price and with weighted average yield of 16.440 percent.