Lendmn NBFI Bond’s issuance received MNT 6.7 billion subscription

The subscription for the equity backed bond’s issuance of Lendmn NBFI was held last week. The bond priced for MNT 100,000 per unit, with maturity of 1 year and interest rate of 17%. The company was to raise MNT 5 billion through its bond, but received MNT 6.7 billion from 538 individuals and entities.

Source: Local Newspaper "Today Newspaper”