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MIK Serves as Trustee for Yesun Shijir Invest NBFI's MNT 10.0 Billion ABS Offering
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2026-08-28

Yesun Shijir Invest NBFI LLC, through Yesun Shijir Asset Two SPC LLC, has issued ₮10.0 billion in Asset-Backed Securities collateralized by auto fiduciary loans at an annual interest rate of 19.0%. Mongolian Mortgage Corporation HFC LLC serves as the Trustee for this issuance.

Primary market trading for the ABS opened on 24 August 2026, and successfully closed upon reaching 100% subscription. 

Key terms: 

  • Total amount: MNT 10.0 billion 

  • Coupon rate: 19.0% p.a. 

  • Tenor: 24 months 

  • Payment schedule: Quarterly 

  • Face value per unit: MNT 100,000 

  • Tax rate: 5.0% (Withholding tax on interest income) 

Participating entities: 

Mongolian Stock Exchange JSC, Mongolian Mortgage Corporation HFC LLC, Yesun Shijir Invest NBFI LLC, TDB Securities SC LLC, MJL Attorneys LLP, Inter Audit LLC