Mongolia, June 18 -- The Asian Development Bank (ADB) has priced its second Mongolian togrog (MNT) bond for the year, raising MNT55.8 billion (approximately $15.6 million) to support a dairy project in Mongolia.The 6.1-year MNT-denominated bond carries a fixed coupon rate of 10.30%. This bond carries the largest notional amount and longest tenor for an MNT bond issued by ADB since its inaugural nomad bond issued in 2020.Bond proceeds will finance the construction of a new factory building, expansion of dairy processing and packaging capacity, establishment of raw milk collection centers, and working capital needs of APU Dairy Inclusive Value Chain Development Project. The project will support a sustainable supply of dairy from local resourc...