11-Dec-14

Policy Rate
Last
12.00
5.60
0.25
0.05
0.50
0.10

BoM Policy rate

China Target rate
U.S Fund rate
Euro Refinance rate
U.K Official rate
Japan Target rate

Prior
10.50
6.00
1.00
0.15
1.00
0.30

Last Change date

07/31/2014
11/24/2012
12/16/2008
09/04/2014
05/03/2009
12/19/2008

Bank of Mongolia Rate

Last
14.00
10.00
12.50

Overnight repo
Overnight deposit
Repo

Prior Last Change date

12.50
07/31/2014
8.50
08/01/2014
11.00
08/02/2014

Money Market Rates

Indicator

Last
0.2399
0.0586
0.5570
0.1100
5.50
12.50

LIBOR USD 3M
LIBOR EUR 3M
LIBOR GBP 3M
LIBOR JPY 3M
SHIBOR CNY 3M
UBIBOR 3 month

YTD%
chg
-2.52
-77.96
6.03
-25.61
-9.54
-

1d% chg
0.44
-1.21
0.43
0.65
0.00

Stock Indices
INDICATOR - LAST

1D % Chg

Highlights

U.S

Selloff Spreads to Asia After S&P 500 Drops on Oil; Dollar Falls
America Getting Rid of Oil Addiction as Price Plummets Amid Glut
Wal-Mart Report Found Inflated Profit, Unapproved Sales in China

Europe

Asia

Biggest Yuan Discount Since June Shows Traders Outweigh PBOC

Yuan Has Real Shot at IMF Blessing on Reserve Status: Currencies
Yen Crushed by Low Yields as U.S. Bond Pile Grows: Japan Credit
Commodity
Brent Oil Trades Near Five-Year Low as OPEC Cuts Demand Forecast
Gold Resumes Climb Toward Six-Week High on Weaker Dollar, Stocks
Copper Futures Fall Most in a Week on Signs China Demand Ebbs

Foreign Exchange Market

11-Dec-14 9:03

EUR/USD
GBP/USD
USD/CHF
USD/CNY
USD/JPY

NASDAQ - 4,684.03

0.4667
0.2164
-0.5011
-0.0324

-9.4496
-4.9680
8.3068
-1.9782

117.74

118.5000

0.6455

-10.5996

1M % Chg

0.06

DAX - 9,799.73

4.60

Stoxx 50 - 3,150.95

-0.37

Nikkei 225 - 17,162.71

-1.94
-0.29

1.49

0.16

Hang Seng - 23,524.52

-1.19
2.93

Shanghai - 2,940.01

19.04
0.00

Top20-MSE - 14,757.01

100.0

-3.96
-1.00
Commodity - 110.88
-4.85

Central bank USD swap auction

50.0

Close
0.36
3.79
3.08

1D %
Chg

YTD %
Chg

-7.69
-1.56
0.00

-48.60
-44.91
-6.67

(100.0)
BOM bought USD

Volume
ths. USD
19152.0
98.4
2385.3

(50.0)
Millions

Mongolia Related Companies Securities

BOM sold USD

0.0

-8 -6 -4 -2 0 2 4 6 8 10121416182022

HKD
HKD
USD

YTD % Chg

1.2428
1.5709
1.0325
6.1754

0.50

FTSE 100 - 6,500.04

MMC
SGS
TRQ

10-Dec-14 0:00

-1.64
-0.66
-0.45
-1.92

S&P 500 - 2,026.14

Crncy

1D % Chg

1.2486
1.5743
1.0377
6.1774

-1.51
-0.46
-1.73

Dow Jones - 17,533.15

Stocks

Greece Reruns Doomsday Scenario as Politics Collide With Markets

BOE Seen Holding Rates Through 2015 in Gilts Boost: U.K. Credit
Russian Companies Lost Billions on Ruble Hedges, Interfax Says

(150.0)

Crncy

Yields

DB Bond
MMC Bond
TDBM 2015
TDBM 2017
Mongol 2018
Mongol 2022
Samurai 2023

USD
USD
USD
CNY
USD
USD
JPY

6.96
29.32
8.64
11.19
5.92
6.82
1.09

Mid price
97.50
67.50
99.88
97.79
95.04
89.71
103.50

Day
change
-0.03
0.02
0.05
0.15
-0.00

Commodity Prices
Indicator
Crude oil
Gold
Copper
IronOre/Beijing/
Coal/Tianjinl/

Last

1D % Chg

YTD % Chg

61.52
1,231.19
6,475.50
505.00
860.00

0.95
0.14
-0.92
-5.61
0.00

-37.49
2.17
-12.21
-35.67
-26.50

BoM sold USD

Sell order from banks
Bom bought

11-Sep
16-Sep
18-Sep
23-Sep
26-Sep
30-Sep
2-Oct
7-Oct
9-Oct
14-Oct
28-Oct
4-Nov
6-Nov
11-Nov
13-Nov
19-Nov
25-Nov
2-Dec
9-Dec

(200.0)
Bonds

Buy order from banks

Mongolian Economic Indicators YTD

Indicators

unit

Oct.2013

Oct.2014

Change
YoY %

Money supply ( M2 )

bln.MNT

8715.9

9980.3

CPI index YoY Chg

Percent

9.7

9.3

14.5%
-4.1%

Expenditure of Government Budget

bln.MNT

3539

4122.6

16.5%
-52.2%

Government Budget Balance

bln.MNT

-183

-278.5

Imports

mln.USD

5341

4474.3

-16.2%

External trade Balance

mln.USD

-1860.8

131.4

-107.1%

Source: Bloomberg compounded midpoint rate

Contact us:

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

11-Dec-14

MORNING REPORT

17.00%

200,000

16.00%
160,000

15.00%
14.00%

120,000

13.00%
80,000

12.00%
11.00%
10.00%
9.00%

Min rate

Economic events

Millions

40,000

Government sold
Max rate

Gov.Bill auction calendar

Government bond auction

Total demand
Weighted average rate

Treasury Division

Government bill Announcement

type
date
12 weeks
11/07/2014

Trading
date
11/12/2014

Settlement
date
11/17/2014

40 Billion

28 weeks

11/14/2014

11/19/2014

11/24/2014

40 Billion

5 years

11/14/2014

11/19/2014

11/24/2014

10 Billion

12 weeks

11/21/2014

11/26/2014

12/01/2014

30 Billion

52 weeks

11/28/2014

12/03/2014

12/08/2014

30 Billion

3 years

11/28/2014

12/03/2014

12/08/2014

10 Billion

12 weeks

12/05/2014

12/10/2014

12/15/2014

50 Billion

28 weeks

12/12/2014

12/17/2014

12/22/2014

60 Billion

5 years

12/12/2014

12/17/2014

12/22/2014

10 Billion

12 weeks

12/19/2014

12/24/2014

12/29/2014

50 Billion

Amount

Economic events calendar

Event

Survey

Actual

Prior

Time

Event

Survey

Prior

JN PPI MoM

Nov

-0.3%

-0.2%

-0.8%

7:50

JN Machine Orders YoY

JN PPI YoY

Nov

2.6%

2.7%

2.9%

15:00

GE CPI YoY

15:45

FR CPI YoY

Nov

0.4%

0.01

18:30

RU Key Rate

11-Dec

10.5%

9.5%

20:00

RU Gold and Forex Reserve

5-Dec

--

420.5B

21:30

US Retail Sales Advance MoM

Nov

0.4%

0.3%

21:30

US Retail Sales Ex Auto MoM

Nov

0.1%

0.3%

21:30

US Import Price Index MoM

Nov

-1.8%

-1.3%

Oct

-0.3%

7.3%

Nov F

0.6%

0.6%

JN BSI Large Manufacturing QoQ

4Q

--

8.10

12.70

JN Consumer Confidence Index

Nov

39.50

37.70

38.90

FR Non-Farm Payrolls QoQ

3Q F

-0.2%

-0.3%

-0.2%

FR Industrial Production MoM

Oct

0.2%

-0.8%

0.0%

FR Industrial Production YoY

FR Manufacturing Production
MoM
UK Trade Balance Non EU
GBP/Mn

Oct

0.1%

-1.0%

-0.3%

Oct

0.00%

-0.20%

0.60%

Oct

-3850

-3582

-4048

21:30

US Initial Jobless Claims

6-Dec

297K

297K

5Dec

--

7.3%

-7.3%

21:30

US Continuing Claims

29-Nov

2344K

2362K

US MBA Mortgage Applications

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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Source: Bloomberg compounded midpoint rate

Contact us:

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