Mongolia is planning to raise up to $650 million in an offshore sovereign bond issuance later this week, a person familiar with the situation said Monday. The government plans to issue a 5½-year bond with a yield of about 6%, which is roughly where its existing dollar bonds due in 2022 and 2024 are trading, the person said. Proceeds from...

Source: Wall Street Journal October 23, 2017 06:56 UTC