15-Sep-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 0.2346 0.21 -4.67
LIBOR EUR 3M 0.0507 1.42 -80.92
LIBOR GBP 3M 0.5634 0.56 7.25
LIBOR JPY 3M 0.1179 0.00 -20.29
SHIBOR CNY 3M 4.37 -7.81 -28.13
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 5296.0 0.67 0.00 -34.95
SGS USD 299.4 5.00 0.00 -27.33
TRQ USD 6167.2 3.95 3.95 19.70

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.81 97.60 -
MMC Bond USD 29.82 64.51 -
TDBM 2015 USD 8.63 99.88 -
TDBM 2017 CNY 11.46 97.03 0.00
Mongol 2018 USD 6.15 94.05 -0.07
Mongol 2022 USD 7.29 86.81 -0.21
Samurai 2023 JPY 1.20 102.66 -0.11
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 91.25 -1.11 -7.29
Gold 1,231.72 -0.10 2.22
Copper 6,866.00 0.09 -6.91
IronOre/Beijing/ 615.00 0.00 -21.66
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
Record S&P 500 Masks Pain as 47% of Nasdaq Mired in Bear Market
BofA Finds Way to Gain From Alibaba IPO Even After Advisory Snub
Dollar Resistance Futile as Aussie Sell Options Rise: Currencies
Europe
Draghis $3.9 Trillion Ambition a Stretch as ECB Loans Start
Draghi Prods Euro States to Ready Ground for Economic Jump-Start
Austria Says France Cant Claim Special Rights on Deficit Cuts
Asia
Asian Stocks Drop With Crude on China as Aussie, Copper Retreat
Chinese Gripe at Being Left Out of Alibabas $21 Billion IPO
Australians Face Repayment Shock on High-Risk Lending: Mortgages
Commodity
Crude Declines a Second Day as China Industrial Output Weakens
Spot Gold Climbs as Much as 0.2%, Reversing Drop to 8-Month Low
Industrial Metals Fall After China Data Signals Slowing Economy
Foreign Exchange Market

15-Sep-14 9:21 12-Sep-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2955 1.2974 -0.1464 -6.0483
GBP/USD 1.6244 1.6269 -0.1537 -1.9437
USD/CHF 1.0705 1.0725 0.1868 4.9883
USD/CNY 6.1352 6.1355 0.0049 -1.3040
USD/JPY 107.30 107.1800 -0.1118 -1.9012



Mongolian Economic Indicators YTD
Indicators unit Jul.2013 Jul.2014
Change
YoY %
Money supply ( M2 ) bln.MNT 8,088.7 10,081.0 24.6
CPI index YoY Chg Percent 8.3 14.9 79.5
Expenditure of Government Budget bln.MNT 3185.7 3466.1 0.8
Government Budget Balance bln.MNT -145.6 -160.9 10.4
Imports mln.USD 3685.0 3148.1 -14.6
External trade Balance mln.USD -1331.4 -207.6 -84.4

-3.51
-1.75
4.73
-1.44
4.11
6.64
6.14
1.76
1.56
2.30
1.95
-0.27
0.00
0.88
-0.27
0.25
-0.08
-0.41
0.11
-0.60
-0.53
-0.36
-6 -4 -2 0 2 4 6 8
Commodity - 121.30
Top20-MSE - 15,748.35
Shanghai - 2,331.95
Hang Seng - 24,595.32
Nikkei 225 - 15,948.29
Stoxx 50 - 3,235.07
DAX - 9,651.13
FTSE 100 - 6,806.96
S&P 500 - 1,985.54
NASDAQ - 4,567.60
Dow Jones - 16,987.51
INDICATOR - LAST
1D % Chg 1M % Chg
(100.0)
(80.0)
(60.0)
(40.0)
(20.0)
0.0
20.0
40.0
60.0
80.0
3
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8
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4
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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 15-Sep-14
MORNING REPORT Treasury Division

Gov.Bill auction calendar

Government bill
type
Announceme
nt date
Trading
date
Settlemen
t date
Amount
52 weeks 9/05/2014 9/10/2014 9/15/2014 30 Billion
3 years 9/05/2014 9/10/2014 9/15/2014 20 Billion
12 weeks 9/12/2014 9/17/2014 9/22/2014 40 Billion
28 weeks 9/19/2014 9/24/2014 9/29/2014 40 Billion
5 years 9/19/2014 9/24/2014 9/29/2014 10 Billion
Economic events
Event

Survey Actual Prior
US Monthly Budget Statement Aug -$130.0B -$128.7B -$147.9B
JN Industrial Production YoY Jul F -- -0.70% -0.90%
JN Capacity Utilization MoM Jul -- -0.80% -3.30%
EC Industrial Production WDA
YoY
Jul 1.40% 2.20% 0.00%
EC Employment YoY 2Q -- 0.40% 0.20%
US Retail Sales Advance MoM Aug 0.60% 0.60% 0.00%
US Retail Sales Ex Auto MoM Aug 0.30% 0.30% 0.10%
US Retail Sales Ex Auto and Gas Aug 0.50% 0.50% 0.10%
US Import Price Index YoY Aug -0.60% -0.40% 0.80%
US Business Inventories Jul 0.40% 0.40% 0.40%
US Monthly Budget Statement Aug -$130.0B -$128.7B -$147.9B
JN Industrial Production YoY Jul F -- -0.70% -0.90%

Economic events calendar
Time Event

Survey Prior
17:00 EC Trade Balance SA Jul 15.5B 13.8B
17:00 EC Trade Balance NSA Jul -- 16.8B
20:30 US Empire Manufacturing Sep

16.00

14.69
21:15 US Industrial Production MoM Aug 0.30% 0.40%
21:15 US Capacity Utilization Aug 79.30% 79.20%
21:15
US Manufacturing (SIC)
Production
Aug 0.20% 1.00%







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120,000
160,000
200,000
8.50%
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10.50%
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12.50%
13.50%
14.50%
15.50%
16.50%
17.50%
M
i
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Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate