1 STEPPE DIPLOMACY: MONGOLIA DEEPENS CENTRAL ASIA TIES WWW.TIMESCA.COM PUBLISHED:2025/07/22      2 MONGOLIAN CHESS FEDERATION RECEIVES OUTSTANDING CONTRIBUTION AWARD 2025 WWW.AKIPRESS.COM PUBLISHED:2025/07/22      3 AN IMPERIAL WEEK IN PHOTOS: EMPEROR AND EMPRESS CONCLUDE HISTORIC MONGOLIA TRIP WWW.JAPAN-FORWARD.COM  PUBLISHED:2025/07/22      4 MONGOLIA’S ANCIENT ELK PETROGLYPHS SHOW 12,000 YEARS OF CULTURAL AND ENVIRONMENTAL SHIFT WWW.INDIANDEFENCEREVIEW.COM PUBLISHED:2025/07/22      5 RUSSIAN EXPERTS REMIND CHINA: THERE IS A NEIGHBORING COUNTRY THAT IS OBVIOUSLY IN THE OPPOSITE DIRECTION AND MAY VERY LIKELY "BETRAY" CHINA AND RUSSIA WWW.VOCAL.MEDIA PUBLISHED:2025/07/22      6 FRANCE, MONGOLIA EXPAND CIVIL SECURITY AND EMERGENCY RESPONSE COOPERATION WWW.THEDIPLOMAT.COM PUBLISHED:2025/07/22      7 MONGOLIA'S PRESIDENT CALLS KYRGYZSTAN IMPORTANT PARTNER IN CENTRAL ASIA WWW.XINHUANET.COM PUBLISHED:2025/07/22      8 KYRGYZ-MONGOLIAN STRATEGIC DIALOGUE STRENGTHENED BY 13 NEW MULTISECTORAL ACCORDS WWW.QAZINFORM.COM  PUBLISHED:2025/07/22      9 MAVEN WIRELESS EXPANDS SALES TO MONGOLIA – SECURES ORDER IN THE MINING INDUSTRY WWW.MAVENWIRELESS.COM PUBLISHED:2025/07/22      10 PRESIDENT OF MONGOLIA ARRIVES IN THE KYRGYZ REPUBLIC FOR A STATE VISIT WWW.MONTSAME.MN PUBLISHED:2025/07/21      ҮСХ: ЭКСПОРТЫН 94.7 ХУВИЙГ УУЛ УУРХАЙ ЭЗЭЛЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/22     ДҮҮЖИН ЗАМЫН ТЭЭВРИЙН БАРИЛГЫН АЖИЛД 70 ГАРУЙ ИНЖЕНЕР, ТЕХНИКИЙН АЖИЛТАН АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/22     “ХАЛЗАН БҮРЭГТЭЙН” ОРДЫН ТАЛААРХ ЕРӨНХИЙ ХЯНАЛТЫН СОНСГОЛЫГ ЕСДҮГЭЭР САРД ЗОХИОН БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/22     “ТОРГОНЫ ЗАМ” АВТО РАЛЛИГИЙН МОНГОЛ ДАХЬ УРАЛДААН ӨНДӨРЛӨЛӨӨ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/22     МОНГОЛ УЛС БҮГД НАЙРАМДАХ КИРГИЗ УЛСТАЙ “ИЖ БҮРЭН ТҮНШЛЭЛ”-ИЙН ХАРИЛЦАА ТОГТООЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/22     НҮБ: МОНГОЛ УЛСАД ХАР ТАМХИ ХЭРЭГЛЭГЧДИЙН ТОО 2030 ОН ГЭХЭД 43 ХУВИАР ӨСНӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/22     "РИО ТИНТО" ГРУПП МОНГОЛЫН ЗАСГИЙН ГАЗАРТАЙ АНТРЕГИЙН АСУУДЛЫГ ХЭЛЭЛЦЭХ ШИНЭ ГҮЙЦЭТГЭХ ЗАХИРЛЫГ ТОМИЛОВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/22     УЛСЫН ХИЛЭЭР ОРСОН ГАДААДЫН ЗОРЧИГЧИД, ӨМНӨХ ОНЫ МӨН ҮЕЭС 15.4 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/22     СТАТИСТИКИЙН БИЗНЕС РЕГИСТРИЙН САНД 270.8 МЯНГАН ХУУЛИЙН ЭТГЭЭД БҮРТГЭГДЖЭЭ WWW. НИЙТЭЛСЭН:2025/07/22     "ЭРДЭНЭС ТАВАНТОЛГОЙ" ХК-ИЙН БАЙГУУЛСАН ГЭРЭЭ БҮРИЙГ ШАЛГАНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/21    

State bank raises USD 30 million through collateral swap transaction www.zgm.mn

According to Frontclear, a land­mark transaction between State Bank of Mongolia, EBRD and ING have been facilitated. “Frontclear arranged and structured the USD 30 million cross-­border collateral swap with the European Bank for Reconstruction and Development (EBRD), enabling a further repo transaction between the Mongolian State Bank and ING Bank. It is the first time in Mongolia that a repo or collateral swap transaction has been done with local currency collateral cross border and a first such deal involving a commercial bank”, says Frontclear.

In this transaction, Frontclear borrowed USD 30 million in US Treasury bonds from the EBRD and then on-­lent them to the State Bank LLC in Mongolia against Mongolian local currency government bonds in a collateral swap transaction. Front­ clear guaranteed the transaction to EBRD. With the US treasuries in hand, State Bank LLC borrowed funds in a repo transaction with ING Bank N.V. Singapore branch.

"State Bank is delighted for successfully executing this inaugural transaction that provides possibilities to prac­tice the financial instrument in line with international best practice and facilitates development of interbank money market in broader perspec­tive in Mongolia" said Chinbat Lkhagvasuren, Director General of Treasury Department at the State Bank of Mongolia. State bank of Mongolia expects the long term, USD denominated financing will help increase affordable business loans in Mongolia.



Published Date:2018-07-26