|
Terms |
Short-term deposit |
Long-term deposit |
||
|
Tenor |
6 months |
12 months |
||
|
Currency |
MNT |
USD |
MNT |
USD |
|
Annual interest rate |
15.00% |
5.0% |
16.00% |
6.0% |
|
Interest rate upon early termination of contract /annual/ |
2.4%-4.8% |
1.20% |
2.4%-4.8% |
1.20% |
|
Minimum deposit |
200,000,000 MNT or equivalent USD |
500,000,000 MNT or equivalent USD |
||
|
Interest payments |
Quarterly |
|||
|
Withdrawal condition |
Quarterly |
|||
|
Deposit condition |
Possible |
|||
|
Conversion between currencies |
Any time during the contract, at principal amount only |
|||
Categories