30-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 0.2326 0.00 -5.49
LIBOR EUR 3M 0.0643 0.00 -75.80
LIBOR GBP 3M 0.5571 0.00 6.06
LIBOR JPY 3M 0.1107 2.64 -25.13
SHIBOR CNY 3M 3.70 - -39.14
UBIBOR 3 month 12.50 0.00 -

Stock Indices

Mongolia Related Companies Securities
Stocks Crncy
Volume
ths. USD
Close
1D %
Chg
YTD %
Chg
MMC HKD 3263.0 1.06 0.00 2.91
SGS HKD 70.5 4.32 0.47 -37.21
TRQ USD 3764.3 3.11 -1.89 -5.76

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.66 98.02 -
MMC Bond USD 31.24 64.00 -
TDBM 2015 USD 9.06 99.52 -
TDBM 2017 CNY 10.96 98.12 0.03
Mongol 2018 USD 5.70 95.49 0.03
Mongol 2022 USD 6.78 89.84 0.02
Samurai 2023 JPY 1.09 103.58 0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 81.88 -0.39 -16.81
Gold 1,214.83 -0.74 0.81
Copper 6,890.50 0.31 -6.58
IronOre/Beijing/ 575.00 0.00 -26.75
Coal/Tianjinl/ 860.00 0.00 -26.50

Highlights
U.S
Fed Unshaken by Global Market Turmoil Bets on Solid Job Gains
Market Reaction Shows Hopes of More Dovish Fed Go Unfulfilled
Allstate Third-Quarter Profit More Than Doubles on Premium Gains
Europe
U.K. Banks Bracing for Leverage Rule Seen Exceeding Global Level
Deutsche Bank Sinks to Third-Quarter Loss on Legal Expenses
Russia Seen Sticking to 2015 Ruble Free Float Amid Currency Rout
Asia
Yen Anxiety Rises as Tumble Sparks Bankruptcy Surge: Currencies
Samsung Has Smallest Profit Since 2011 as Smartphones Stall
Tokyo Stock Exchange Lures Speed Traders With Cost-Reducing Plan
Commodity
WTI Oil Trades Near 1-Week High as U.S. Fuel Supply Seen Falling
Gold Holds Near Three-Week Low as Fed Ends Easing Amid SPDR Drop
Copper Smelters Well-Stocked to Weather Mine Strikes: WoodMac
Foreign Exchange Market

30-Oct-14 9:08 29-Oct-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.2619 1.2734 -0.9031 -8.4850
GBP/USD 1.5971 1.6093 -0.7581 -3.5917
USD/CHF 1.0463 1.0564 0.9653 7.4166
USD/CNY 6.1112 6.1131 0.0311 -0.9164
USD/JPY 109.02 108.1300 -0.8164 -3.4489



Mongolian Economic Indicators YTD
Indicators unit Sep.2013 Sep.2014
Change
YoY %
Money supply ( M2 ) bln.MNT 8481.9 10070.6 18.7
CPI index YoY Chg Percent 8.2 8.5 3.65
Expenditure of Government Budget bln.MNT 3166.9 3647.3 15.2
Government Budget Balance bln.MNT -130.9 -192.5 47.1
Imports mln.USD 4825.4 4046.2 -16.1
External trade Balance mln.USD -1.727.6 -24.4 101.41

0.33
-2.13
0.39
3.87
-3.23
-6.31
-4.13
-2.55
0.51
1.24
-0.40
1.12
0.00
1.50
1.27
0.62
-0.45
0.16
0.81
-0.14
-0.33
-0.18
-8 -6 -4 -2 0 2 4 6
Commodity - 119.08
Top20-MSE - 15,460.67
Shanghai - 2,373.03
Hang Seng - 23,819.87
Nikkei 225 - 15,652.44
Stoxx 50 - 3,022.42
DAX - 9,082.81
FTSE 100 - 6,453.87
S&P 500 - 1,982.30
NASDAQ - 4,549.23
Dow Jones - 16,974.31
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
5
-
A
u
g
1
9
-
A
u
g
2
1
-
A
u
g
2
7
-
A
u
g
2
9
-
A
u
g
2
-
S
e
p
4
-
S
e
p
9
-
S
e
p
1
1
-
S
e
p
1
6
-
S
e
p
1
8
-
S
e
p
2
3
-
S
e
p
2
6
-
S
e
p
3
0
-
S
e
p
2
-
O
c
t
7
-
O
c
t
9
-
O
c
t
1
4
-
O
c
t
2
8
-
O
c
t
M
i
l
l
i
o
n
s
Central bank USD swap auction
Buy order from banks
BoM sold USD
Sell order from banks
Bom bought
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D
B
O
M
s
o
l
d

U
S
D


B
O
M

b
o
u
g
h
t

U
S
D


Source: Bloomberg compounded midpoint rate

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

2 30-Oct-14
MORNING REPORT Treasury Division

Gov.Bill auction calendar

Government bill
type
Announcement
date
Trading
date
Settlement
date
Amount
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
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

Economic events
Event

Survey Actual Prior
JN Retail Trade YoY Sep 0.8% 2.3% 1.2%
JN Large Retailers' Sales Sep 0.7% 0.5% 1.6%
JN Industrial Production YoY Sep P -0.1% 0.6% -3.3%
FR Consumer Confidence Oct 86.00 85.00 86.00
UK Net Consumer Credit Sep 0.8B 0.9B 0.9B
UK Net Lending Sec. on
Dwellings
Sep 2.1B 1.8B 2.3B
UK Mortgage Approvals Sep 62.0K 61.3K 64.2K
UK Money Supply M4 MoM Sep -- -0.7% 0.3%
UK M4 Money Supply YoY Sep -- -2.50% -1.50%
UK M4 Ex IOFCs 3M Annualised Sep 2.60% 3.50% 3.10%
US MBA Mortgage Applications
24-
Oct
-- -6.60% 11.60%
CA Industrial Product Price MoM Sep -0.20% -0.40% 0.20%
RU CPI Weekly YTD
27-
Oct
-- 7.10% 7.00%

Economic events calendar
Time Event

Survey Prior
2:00 US Fed QE3 Pace Oct $0B $15B
7:50 JN Japan Buying Foreign Bonds 24-Oct -- -1169.1B
7:50 JN Foreign Buying Japan Bonds
10/24/2
014
-- -184.7B
15:00
UK Nationwide House Px NSA
YoY
Oct 8.5% 9.4%
16:55 GE Unemployment Rate Oct 6.7% 6.7%
18:00 EC Economic Confidence Oct 99.70 99.90
18:00 EC Business Climate Indicator Oct 0.05 0.07
20:30 US Initial Jobless Claims 25-Oct 285K 283K
20:30 US Continuing Claims 18-Oct 2352K 2351K
20:30 US Personal Consumption 3Q A 1.90% 2.50%
20:30 US GDP Price Index 3Q A 1.4% 2.1%
21:00 GE CPI YoY Oct P 0.9% 0.8%

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.
If you do not want to receive this report further, please contact us to unsubscribe

0
40,000
80,000
120,000
160,000
200,000
9.00%
10.00%
11.00%
12.00%
13.00%
14.00%
15.00%
16.00%
17.00%
M
i
l
l
i
o
n
s
Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate