Netcapital ABS primary market offering launched
Jul 1, 2025
Namkhaidorj B
The primary market trading for Netcapital ABS’s open asset-backed securities (ABS) has commenced:
• Offering size: ₮30 billion
• Unit price: ₮100,000
• Coupon: 20% per annum (interest paid quarterly, principal paid semi-annually)
• Term: 24 months
• Underwriter: TDB Securities LLC
• Asset backing: ₮48.6 billion auto loan portfolio secured by fiduciary rights
• Subscription progress: reached 84.51% on the first day of trading
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