25-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 0.2341 -0.64 -4.88
LIBOR EUR 3M 0.0529 2.78 -80.11
LIBOR GBP 3M 0.5646 -0.28 7.49
LIBOR JPY 3M 0.1193 0.00 -19.32
SHIBOR CNY 3M 4.80 0.00 -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 0.90 0.00 -12.62
SGS USD 175.3 4.54 0.00 -34.01
TRQ USD 3153.3 3.68 1.66 11.52

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.08 99.24 -
MMC Bond USD 28.72 66.25 -
TDBM 2015 USD 8.63 99.88 -
TDBM 2017 CNY 11.15 97.66 0.19
Mongol 2018 USD 5.72 95.32 -0.01
Mongol 2022 USD 6.83 89.46 -0.01
Samurai 2023 JPY 1.14 103.14 -0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 92.79 -0.01 -5.72
Gold 1,213.80 -0.35 0.73
Copper 6,778.50 0.12 -8.10
IronOre/Beijing/ 615.00 0.00 -21.66
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
Apples Cook Goes From Record-Breaking Sales to IPhone Stumbles
Khorasan Groups Recruiting Makes It Threat to U.S., Europe
BFeds Potter Says Stimulus Exit Will Be Ongoing Learning Process
BP Cant Claw Back Oil-Spill Damage Overpayments, Judge Says
Europe
Greek Banks See Tax-Credit Capital Boost as ECB Wraps Up Exam
Obama Says Russias Ukraine Aggression Challenges Postwar Order
Rocket Internet Seeks to Raise Up to $1.8 Billion in German IPO
Asia
Asia Stocks Climb as Dollar Extends Four-Year High on U.S. Data
Samsung Beats IPhone to China With New Galaxy Device This Month
Japan Steps Up Sanctions on Russia, Protests Island Visit
Short Sellers Gather in Australian Stocks Amid Iron Ore Rout
Commodity
Gold Downside Risk Seen Significant to Goldman Sachss Currie
WTI Trades Near 1-Week High as U.S. Supplies Drop; Brent Steady
Copper in London Climbs a Second Day After U.S. Home Sales Surge
Iron Ore Price Outlook Cut by Top Shipper as Supply Surges
Foreign Exchange Market

25-Sep-14 9:25 24-Sep-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2782 1.2787 -0.0391 -7.3029
GBP/USD 1.6333 1.6337 -0.0245 -1.4065
USD/CHF 1.0579 1.0583 0.0378 6.2388
USD/CNY 6.1356 6.1376 0.0326 -1.3104
USD/JPY 109.10 108.8800 -0.2016 -3.5197



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

-4.70
-0.79
5.13
-4.95
4.60
2.48
1.60
-1.02
0.02
-0.05
0.78
0.78
0.00
1.47
0.35
1.01
1.19
0.70
0.45
0.78
1.03
0.90
-6 -4 -2 0 2 4 6
Commodity - 119.53
Top20-MSE - 15,857.24
Shanghai - 2,343.58
Hang Seng - 23,921.61
Nikkei 225 - 16,324.90
Stoxx 50 - 3,244.01
DAX - 9,661.97
FTSE 100 - 6,706.27
S&P 500 - 1,998.30
NASDAQ - 4,555.22
Dow Jones - 17,210.06
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
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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 25-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
JN Markit/JMMA Japan
Manufacturing PMI
Sep P -- 51.70 52.20
GE IFO Business Climate Sep 105.80 104.70 106.30
US MBA Mortgage Applications 19-Sep -- -4.10% 7.90%
US New Home Sales Aug 430K 504K 412K
US New Home Sales MoM Aug 4.40% 18.00% -2.40%




Economic events calendar
Time Event

Survey Prior
7:50 JN PPI Services YoY Aug 3.70% 3.70%
16:00 EC M3 Money Supply YoY Aug 1.90% 1.80%
16:00 EC M3 3-month average Aug 1.80% 1.50%
20:30 US Initial Jobless Claims 20-Sep 296K 280K
20:30 US Continuing Claims 13-Sep 2440K 2429K
20:30 US Durable Goods Orders Aug -18.00% 22.60%
20:30
US Cap Goods Ship Nondef Ex
Air
Aug 0.50% 1.50%
21:45 US Markit US Composite PMI Sep P -- 59.70





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40,000
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120,000
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8.50%
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10.50%
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14.50%
15.50%
M
i
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o
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Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate