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Published on 1/14/2016 in the Prospect News Emerging Markets Daily.

Fitch rates Mongolia bonds B

Fitch Ratings said it assigned an expected rating of B to the government of Mongolia’s forthcoming dollar-denominated bonds issued under its global medium-term note program.

The expected rating is in line with Mongolia’s long-term foreign-currency issuer default rating of B with stable outlook.

The country’s long-term local-currency issuer default rating also is B.


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