Blog

The Ministry of Finance has purchased the bonds amounted 30 billion MNT to the Bank of Mongolia for the Government’s 4000 housing units program which is implemented by MHFC. The housing finance corporation has made the resource for the mortgage loan and prepared 2306 applications of the state employees during the last period. Currently the mortgage loan amounted 51.4 billion MNT for 1509 state employees has been solved. It means that 65.4 persent of the program has been implemented. Also MHFC has accumulated the bond resource amounted 20 billion MNT for fifth time and transferred the payment to the construction companies. In near future the Ministry of Finance will purchase the bonds amounted 30 billion MNT through the stock exchange.