Capital Markets

The capital markets in Mongolia have recently benefitted from a series of positive reforms, key hirings and the introduction of new legislation. Together, these measures promise to help breathe life back into the country’s stocks and bonds. After almost four years of declining equity prices, more than half a decade with virtually no initial public offerings (IPOs) and weaker demand for Mongolia’s foreign currency bonds, serious efforts are underway to attract investors. Given Mongolia’s open markets and abundant natural resources, its fundamental value is clear. The sense is that, once key problems are tackled, the country’s capital markets will boom.

This chapter contains an interview with D. Angar, CEO, Mongolian Stock Exchange.