Mongolia

TCX offers both floating as well as fixed rate products for the Mongolian Togrok. Approved floating rate benchmarks include the 1-month, 3-month, 6-month, and 1-year of UBIBID and UBIBOR rates. Fixed rate up to 5 years is offered on the basis of the Fund's FPAS based pricing program.

ISO: 
MNT
Currency: 
Mongolian Togrok
DAC 2006 Income Category: 
Lower Middle Income Country
Region: 
Asia
Product capability: 
Non-deliverable products available
DAC 2006 Risk Category: 
High
Financial data
Benchmark: 
Average of the 6m UBIBID and UBIBOR
Max Fixed Rate Tenor: 
5.00 yrs fixed
Source of data: 
Reuters
Benchmark description: 
UBIBID = Ulaanbaatar Interbank Bid Rate UBIBOR = Ulaanbaatar Interbank Offered Rate 
Tenor availability: 
Available
Day count convention (benchmark): 
act/360
Day count convention (bonds): 
act/360