Unet Credit NBFI LLC has signed both a Master Repo Loan Agreement and a Master Trust Trading Agreement with Money Market Fund LLC. Through these agreements, clients can now purchase trust services via Unet Credit NBFI LLC through a money market platform, enabling access to high-yield investment opportunities.
Money Market Fund LLC is a pioneering company in Mongolia that operates a digital platform aimed at developing the domestic money market and expanding financial inclusion. The company conducts its operations within the regulatory sandbox environment of the Financial Regulatory Commission of Mongolia.
Trust Service:
A trust service refers to funds raised from third parties under a trust agreement for a specified period and at an agreed interest rate. It offers higher returns compared to traditional bank deposits and is a tradable product within the money market.
Repo Loan:
Repo loan transactions enable Non-Bank Financial Institutions (NBFIs) with funding needs and those with excess liquidity to sell and repurchase standard loan portfolios under repo conditions, facilitating efficient liquidity management.
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