17-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 0.2281 -0.44 -7.31
LIBOR EUR 3M 0.0564 -4.82 -78.76
LIBOR GBP 3M 0.5596 0.22 6.53
LIBOR JPY 3M 0.1129 0.00 -23.67
SHIBOR CNY 3M 4.40 - -27.63
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 22335.0 0.98 -6.67 -4.85
SGS USD 874.9 4.49 -2.18 -34.74
TRQ USD 3157.7 3.29 0.00 -0.30

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.79 97.70 -
MMC Bond USD 29.93 65.25 -
TDBM 2015 USD 9.04 99.52 -
TDBM 2017 CNY 11.09 97.84 -0.09
Mongol 2018 USD 6.01 94.59 0.13
Mongol 2022 USD 6.92 88.99 -0.09
Samurai 2023 JPY 1.11 103.44 -0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 83.19 0.59 -15.47
Gold 1,238.51 -0.36 2.78
Copper 6,604.00 -1.21 -10.46
IronOre/Beijing/ 585.00 0.00 -25.48
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
U.S. Stocks Reverse Losses as Feds Bullard Suggests More QE
Bullard Says Fed Should Consider Delay in Ending Asset Buying
Manufacturing Output Rebounds as Sustains Growth: Economy
Europe
European Stocks Post Longest Slump in 11 Years on Crisis Concern
Merkel-Draghi Not Blinking Yet as Market Rout Raises QE Pressure
Russias RTS Slides to 5-Year Low as Brent Slumps, Gazprom Falls
Asia
Shrinking Chinas Growth Target Seen Giving Space to Tackle Debt
Alibaba Finance Affiliate Follows Jack Ma in Overseas Expansion
China Stock-Index Futures Fall as Shanghai Heads for Weekly Drop
Commodity
WTI Oil Rebounds After Dipping Below $80; Brent Futures Rise
Gold Heads for Second Weekly Gain After Advance to 5-Week High
Commodities Seen by Tiberius Very Close to Bottoming Out
LME to Run London Platinum to Palladium Fixings Replacement
Foreign Exchange Market

17-Oct-14 9:02 16-Oct-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2810 1.2825 -0.1170 -7.0999
GBP/USD 1.6076 1.6069 0.0436 -2.9579
USD/CHF 1.0609 1.0622 0.1225 5.9384
USD/CNY 6.1228 6.1229 0.0016 -1.1041
USD/JPY 106.36 106.0800 -0.2633 -1.0342



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

-3.59
-2.98
3.36
-4.13
-7.65
-10.22
-11.01
-8.55
-6.83
-7.41
-5.78
-1.19
0.00
0.60
0.40
-2.52
-3.61
-2.87
-2.83
-0.81
-0.28
-1.06
-12 -10 -8 -6 -4 -2 0 2 4 6
Commodity - 117.55
Top20-MSE - 15,616.46
Shanghai - 2,387.02
Hang Seng - 22,904.11
Nikkei 225 - 14,717.46
Stoxx 50 - 2,892.55
DAX - 8,571.95
FTSE 100 - 6,211.64
S&P 500 - 1,862.49
NASDAQ - 4,215.32
Dow Jones - 16,141.74
INDICATOR - LAST 1D % Chg 1M % Chg
(100.0)
(80.0)
(60.0)
(40.0)
(20.0)
0.0
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40.0
60.0
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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 17-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 Tokyo Condominium Sales YoY Sep -- -44.1% -49.1%
EC Trade Balance SA Aug 13.3B 15.8B 12.2B
EC CPI YoY Sep F 0.3% 0.3% 0.3%
RU Gold and Forex Reserve
10-
Oct
-- 451.7B 454.7B
RU PPI YoY Sep 4.5% 3.5% 5.7%
US Initial Jobless Claims
11-
Oct
290K 264K 287K
US Industrial Production MoM Sep 0.40% 1.00% -0.10%
US Manufacturing (SIC)
Production
Sep 0.30% 0.50% -0.40%
US Bloomberg Economic
Expectations
Oct -- 51.00 41.50
US NAHB Housing Market Index Oct 59.00 54.00 59.00
US Total Net TIC Flows Aug -- $74.5B $57.7B

Economic events calendar
Time Event

Survey Prior
7:50 JN Japan Buying Foreign Bonds 10-Oct -- -179.0B
7:50 JN Foreign Buying Japan Bonds 10-Oct -- 1224.0B
7:50
JN Foreign Buying Japan
Stocks
10/10/2
014
-- 186.5B
17:00 EC Construction Output YoY Aug -- 0.40%
20:00 RU Unemployment Rate Sep 4.9% 4.8%
20:30 US Housing Starts Sep 1008K 956K
20:30 US Housing Starts MoM Sep 5.4% -14.4%
20:30 US Building Permits Sep 1030K 998K
0:00 RU Money Supply Narrow Def 10-Oct -- 8.30T




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M
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Government bond auction
Total demand Government sold Min rate
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