Bell Ceremony was Organized for the Primary Market of “Sendly Bond” www.montsame.mn
The ringing of the bell ceremony organized and started the primary market for the “Sendly Bond,” offered publicly by the “Sendly NBFI” JSC.
The primary market for the “Sendly Bond” issued by “Sendly NBFI” JSC began on January 25, and the ringing of the bell ceremony for this issuance has been organized at Mongolian Stock Exchange.
According to the securities prospectus, 85,000 bonds with a nominal value of 100,000 MNT each, an 18-month term, and a 19.2% annual interest rate will be offered to the public, and 8.5 billion MNT will be collected.
Khash-Erdene, Chief of the Business Development Department of the Mongolian Stock Exchange, opened and said, “We are going to open the 6892nd trading session of the Mongolian Stock Exchange. The trading of this bond offered to the primary market by “Sendly NBFI” JSC will be accepted through the IPO system of the Mongolian Stock Exchange starting today and ending on January 31 between 10:00 and 17:00. In addition, we would like to inform all investors that the primary market will be closed if the order amount reaches 100 percent.
“We are pleased to announce that the bond offered to the public by “Sendly NBFI” JSC is the first product to enter the market through the exchange in 2023.
“2022 was the year of the historical growth of the stock market of Mongolia, where many new products were released, but today the “Sendly NBFI” company is offering the first product of 2023 to the public, opening new gates for the next products to be traded on the Mongolian Stock Exchange. I am confident that it will lead to success and accomplishment for the following products.”
At the bell-ringing ceremony, T. Khash-Erdene, Chief of the Business Development Department of the Mongolian Stock Exchange, T. Tserenbadral, Deputy Chairman of the Financial Regulatory Commission, B. Naranbat, Chairman of the Board of Directors of "Sendly NBFI" JSC, and B. Ulziibayar, CEO of "Ulzii and Co Capital" LLC, participated and rang the bell to open the 6892nd trading session of the MSE.