24-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 0.2356 1.07 -4.27
LIBOR EUR 3M 0.0514 -1.36 -80.64
LIBOR GBP 3M 0.5662 0.17 7.78
LIBOR JPY 3M 0.1193 -3.46 -19.32
SHIBOR CNY 3M 4.80 3.45 -21.05
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 0.0 0.97 0.00 -5.83
SGS USD 59.9 4.69 0.00 -31.83
TRQ USD 4771.8 3.62 -2.95 9.70

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.08 99.24 -
MMC Bond USD 28.70 66.25 -
TDBM 2015 USD 8.63 99.88 -
TDBM 2017 CNY 11.39 97.19 -0.06
Mongol 2018 USD 5.69 95.39 0.07
Mongol 2022 USD 6.82 89.49 0.04
Samurai 2023 JPY 1.16 103.02 0.17
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 91.61 0.05 -6.92
Gold 1,222.49 0.09 1.45
Copper 6,770.50 -0.04 -8.21
IronOre/Beijing/ 615.00 0.00 -21.66
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
Obamas Syria Attack Forces Foreign Policy Into Midterm Races
ETF Liquidity Risk a Concern, Financial Stabilitys Wilkins Says
Burger King Deal Moving Ahead Amid U.S. Inversion Crackdown
Europe
U.K. SFO Said Poised to Seek More Money for FX, Libor Probes
Credit Agricole Sparks Probe of EU Bias in Euribor Rigging Case
Rocket Internet Seeks to Raise Up to $1.8 Billion in German IPO
Islamic State Targeted by Biggest U.S.-Arab Coalition Since 1991
Asia
Asian Stocks Extend Retreat Amid Yen Advance While Kiwi Rallies
Goldman Cuts China 2015 GDP Forecast to 7.1% From 7.6%
Samsung Stock at Two-Year Low Lures Templeton Global Fund
Too-Big-to-Fail Developers Lead Dollar Bond Gains: China Credit
Commodity
Iron Ore Price Outlook Cut Again by Australia on Supply Jump
Gold Holds Above January Low as Tensions Assessed With Rates
WTI Advances a Second Day Amid U.S.-Led Strikes on Islamic State
Foreign Exchange Market

24-Sep-14 9:25 23-Sep-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2850 1.2847 0.0234 -6.8098
GBP/USD 1.6389 1.6359 0.1834 -1.0685
USD/CHF 1.0640 1.0640 0.0000 5.6297
USD/CNY 6.1387 6.1381 -0.0098 -1.3602
USD/JPY 108.74 108.9400 0.1839 -3.2003



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

-5.44
-0.64
3.08
-5.08
4.19
3.47
2.74
-1.46
-0.28
-0.66
0.32
-0.02
0.00
0.87
-0.49
-0.10
-1.58
-1.58
-1.44
-0.58
-0.42
-0.68
-6 -4 -2 0 2 4 6
Commodity - 118.60
Top20-MSE - 15,897.77
Shanghai - 2,309.72
Hang Seng - 23,837.07
Nikkei 225 - 16,185.53
Stoxx 50 - 3,205.93
DAX - 9,595.03
FTSE 100 - 6,676.08
S&P 500 - 1,982.77
NASDAQ - 4,508.69
Dow Jones - 17,055.87
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
1
7
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2
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Central bank USD swap auction
Buy 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 24-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
EC Markit Eurozone Manufacturing
PMI
Sep P 50.60 50.50 50.70
EC Markit Eurozone Services PMI Sep P 53.00 52.80 53.10
EC Markit Eurozone Composite PMI Sep P 52.50 52.30 52.50
US FHFA House Price Index MoM Jul 0.50% 0.10% 0.40%
US Markit US Manufacturing PMI Sep P 58.00 57.90 57.90
US Richmond Fed Manufact.
Index
Sep 10.00 14.00 12.00


Economic events calendar
Time Event

Survey Prior
9:35
JN Markit/JMMA Japan
Manufacturing PMI
Sep P -- 52.20
16:00 GE IFO Business Climate Sep 105.80 106.30
19:00 US MBA Mortgage Applications 9/19/14 -- 0.08
22:00 US New Home Sales Aug 430K 412K
22:00 US New Home Sales MoM Aug 4.40% -2.40%





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0
40,000
80,000
120,000
160,000
200,000
8.50%
9.50%
10.50%
11.50%
12.50%
13.50%
14.50%
15.50%
16.50%
M
i
l
l
i
o
n
s
Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate