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Prospect News home > News index > List of issuers M > Headlines for Mongolia > News item |
Fitch assigns Mongolia bond a B
Fitch Ratings said it assigned Mongolia’s proposed dollar-denominated bonds a B rating.
The rating is consistent with Mongolia’s long-term foreign-currency issuer default rating of B.
Proceeds will be used to refinance bonds maturing in 2021 and 2022 through a cash tender.
The outlook is stable.
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