Supporting Capital Market Development and Reform: Country Assessment Report for Mongolia - Paperback

by Asian Development Bank (Author)

This report shows how Mongolia can deepen its local currency bond market by overhauling its financial infrastructure and stepping up investor protection, participation, and transparency to help drive resilient financial market growth.

Using ADB's standardized diagnostic methods, the report considers Mongolia's legal and regulatory framework and assesses its financial market infrastructure. It analyzes the investor and issuer bases and examines intermediation. The report recommends steps such as the development of government benchmark issues, stronger regulatory clarity, and the introduction of a primary dealer system to make the market more attractive to both domestic and international investors.