Recently, Guotai Junan International Holdings Limited (“Guotai Junan International” or “GTJAI”, Stock Code: 1788.HK), a subsidiary of Guotai Haitong Group, successfully assisted the State Bank of Mongolia in completing a US$100 million Reg S bond tap issuance as the sole global coordinator. This issuance is a tap-on of the State Bank (Mongolia) initial US$ 200 million 3-year bond issued in September 2025. Upon completion of this tap issuance, the outstanding size of the bond has increased to US$300 million.

The issuer has been assigned a “B1” issuer rating by Moody’s, with a “stable” outlook, aligned with Mongolia’s sovereign rating. This issuance also received formal support letters from the Ministry of Finance of Mongolia and the Central Bank of Mongolia. The tap offering was priced at a yield of 8.5%, representing a significant improvement from the original issuance's level of 8.9%. This not only reflects the solid financial fundamentals of the State Bank (Mongolia), but also signals continuously growing confidence among international investors in Mongolia’s economic prospects.

The successful completion of this bond tap issuance marks a significant milestone for the State Bank (Mongolia) in the international capital markets. It also represents another in-depth collaboration between the bank and GTJAI, following the latter’s assistance in the bank’s initial US$200 million 3-year bond issuance in September 2025, demonstrating the high level of mutual trust and long-term rapport between the two parties. Amid a complex and volatile global capital market environment, GTJAI precisely seized the market window and efficiently executed the project. This not only further strengthens the Company’s business presence in facilitating offshore bond financing for issuers outside the Greater China region, but also fully showcases its capabilities in professional pricing, global investor resource integration, and cross-market comprehensive financial services in the global capital markets.

About GTJAI

Guotai Junan International (Stock Code: 1788.HK), a subsidiary of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI’s business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes wealth management, institutional investor services, corporate finance services, investment management and other business. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG “AAA” rating, Wind ESG “A” rating and SynTao Green Finance “A” rating in ESG. Additionally, its S&P Global ESG score leads 81% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: 601211.SH/ 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China’s capital markets. For more information about GTJAI, please visit https://www.gtjai.com.

Published Date:2026-05-12