Mongolian trade bank pulls bond deal

Trade and Development Bank of Mongolia has postponed its dollar bond deal, blaming a banking crisis in Portugal.
Out in the cold: Mongolian credit is too risky for investors
Out in the cold: Mongolian credit is too risky for investors
July 14, 2014

Trade and Development Bank of Mongolia (TDBM) pulled its five-year dollar bond on Friday, having only announced the deal a day earlier.

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