20-Oct-14

Source: Bloomberg compounded midpoint rate

Contact us: Golomt Bank Treasury Division, Ulaanbaatar-210620A, Mongolia; Tel:+976-70127676, Facsimile: +976-11-311958

Policy Rate
Last Prior Last Change date
BoM Policy rate 12.00 10.50 07/31/2014
China Target rate 6.00 6.31 07/06/2012
U.S Fund rate 0.25 1.00 12/16/2008
Euro Refinance rate 0.15 0.25 03/06/2014
U.K Official rate 0.50 1.00 05/03/2009
Japan Target rate 0.10 0.30 12/19/2008

Bank of Mongolia Rate
Last Prior Last Change date
Overnight repo 14.00 12.50 07/31/2014
Overnight deposit 10.00 8.50 08/01/2014
Repo 12.50 11.00 08/02/2014

Money Market Rates
Indicator Last 1D % Chg YTD % Chg
LIBOR USD 3M 0.2314 0.26 -5.99
LIBOR EUR 3M 0.0564 -1.24 -78.76
LIBOR GBP 3M 0.5603 0.11 6.65
LIBOR JPY 3M 0.1129 0.00 -23.67
SHIBOR CNY 3M 4.20 - -30.92
UBIBOR 3 month 12.50 0.00 -

Stock Indices

Mongolia Related Companies Securities
Stocks
Crncy
Volume
ths.
USD
Close
1D %
Chg
YTD %
Chg
MMC USD 10408.0 0.91 -7.14 -11.65
SGS USD 164.4 4.30 -4.23 -37.50
TRQ USD 3128.6 3.31 0.61 0.30

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 7.24 96.75 -
MMC Bond USD 31.82 63.00 0.00
TDBM 2015 USD 9.04 99.52 -
TDBM 2017 CNY 11.17 97.68 -0.00
Mongol 2018 USD 6.11 94.30 0.02
Mongol 2022 USD 6.98 88.65 -0.10
Samurai 2023 JPY 1.09 103.57 0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 83.35 0.73 -15.31
Gold 1,235.96 -0.26 2.57
Copper 6,689.00 1.29 -9.31
IronOre/Beijing/ 585.00 0.00 -25.48
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
Morgan Stanley Says Buy Russia Seven Weeks After Cutting to Sell
Dollar Turning Point Aided by U.S. Investor Reversal: Currencies
Bond Markets Brightest Turn Oil Analysts as Gyrations Mystify
Europe
European Banks See ECB Exams as First Step to Unlocking Lending
Russia Credit Rating Nears Junk as Reserves Erode Amid Sanctions
London Home Asking Prices Rise Most in Year as Market Rebounds
Asia
Japan Stocks Surge Most in Year on Report GPIF to Boost Shares
Asian Stocks Extend Global Rebound With Oil as Yen, Gold Retreat
PetroChina on Course to Beat 2015 Sichuan Shale Output Target
Commodity
WTI Crude Gains for a Third Day as Iran Seeks Halt to Price Drop
Gold Bulls Lured Back for First Time in Two Months: Commodities
Oil Drop Outpacing Ruble Strains Russia Budget: Chart of the Day

Foreign Exchange Market

20-Oct-14 9:04 17-Oct-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2751 1.2771 -0.1566 -7.5277
GBP/USD 1.6089 1.6096 -0.0435 -2.8794
USD/CHF 1.0561 1.0577 0.1515 6.4198
USD/CNY 6.1255 6.1232 -0.0375 -1.1477
USD/JPY 107.15 106.6600 -0.4573 -1.7639



Mongolian Economic Indicators YTD
Indicators unit Aug.2013 Aug.2014
Change
YoY %
Money supply ( M2 ) bln.MNT 8,410.1 10,136.0 20.5
CPI index YoY Chg Percent 9.4 13.7 45.7
Expenditure of Government Budget bln.MNT 3,581.4 3,951.0 10,3
Government Budget Balance bln.MNT -131.2 -153.0 -16.6
Imports mln.USD 4,256.9 3,599.3 -15.5
External trade Balance mln.USD -1,553.6 -23.0 85.2

-1.71
-2.13
0.50
-5.28
-8.49
-9.50
-9.68
-7.72
-6.15
-7.02
-5.20
-0.09
0.00
-0.65
0.53
2.77
3.05
3.12
1.85
1.29
0.97
1.63
-12 -10 -8 -6 -4 -2 0 2 4
Commodity - 117.45
Top20-MSE - 15,614.18
Shanghai - 2,341.18
Hang Seng - 23,023.21
Nikkei 225 - 14,982.24
Stoxx 50 - 2,962.24
DAX - 8,850.27
FTSE 100 - 6,310.29
S&P 500 - 1,886.76
NASDAQ - 4,258.44
Dow Jones - 16,380.41
INDICATOR - LAST 1D % Chg 1M % Chg
(100.0)
(80.0)
(60.0)
(40.0)
(20.0)
0.0
20.0
40.0
60.0
7
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4
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BoM sold USD
Sell order from banks
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Source: Bloomberg compounded midpoint rate

Contact us: Golomt Bank Treasury Division, Ulaanbaatar-210620A, Mongolia; Tel:+976-70127676, Facsimile: +976-11-311958

2 20-Oct-14
MORNING REPORT Treasury Division

Gov.Bill auction calendar

Government bill
type
Announcement
date
Trading
date
Settlement
date
Amount
12 weeks 9/25/2014 10/06/2014 10/06/2014 30 Billion
52 weeks 10/03/2014 10/08/2014 10/13/2014 120 Billion
3 years 10/03/2014 10/08/2014 10/13/2014 10 Billion
12 weeks 10/10/2014 10/15/2014 10/20/2014 20 Billion
28 weeks 10/17/2014 10/22/2014 10/27/2014 60 Billion
5 years 10/17/2014 10/22/2014 10/27/2014 10 Billion
12 weeks 10/24/2014 10/29/2014 11/03/2014 40 Billion
52 weeks 10/31/2014 11/05/2014 11/10/2014 60 Billion
3 years 10/31/2014 11/05/2014 11/10/2014 10 Billion
12 weeks 11/07/2014 11/12/2014 11/17/2014 40 Billion
28 weeks 11/14/2014 11/19/2014 11/24/2014 40 Billion
Economic events
Event

Survey Actual Prior
JN Japan Buying Foreign Bonds 10-Oct -- 796.0B -179.0B
JN Foreign Buying Japan Bonds 10-Oct -- 624.8B 1224.0B
JN Foreign Buying Japan Stocks 10-Oct -- -254.3B 186.5B
EC Construction Output YoY Aug -- -0.3% 0.4%
RU Unemployment Rate Sep 4.9% 4.9% 4.8%
US Housing Starts Sep 1008K 1017K 956K
US Housing Starts MoM Sep 5.40% 6.30% -14.40%
US Building Permits Sep 1030K 1018K 998K


Economic events calendar
Time Event

Survey Prior
7:01
UK Rightmove House Prices
MoM
Oct -- 0.9%
7:01
UK Rightmove House Prices
YoY
Oct -- 7.9%
13:00 JN Coincident Index Aug F -- 108.50
13:30 JN Nationwide Dept Sales YoY Sep -- -0.30%
14:00 GE PPI YoY Sep -1.0% -0.8%
15:00
JN Convenience Store Sales
YoY
Sep -- -2.4%
16:00 EC ECB Current Account SA Aug -- 18.7B
16:00 EC Current Account NSA Aug -- 32.3B
16:00 IT Industrial Orders MoM Aug 0.2% -1.5%

Disclaimer:
The information contained in this report is for general information purposes only. The information and opinions contained herein has been compiled or arrived
at based upon information obtained from sources believed to be reliable and in good faith. Such information has not been independently verified and no
guaranty, representation or warranty, express or implied is made as to its accuracy, completeness or correctness, reliability or suitability.
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16.00%
17.00%
M
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Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate