26-Jan-15

Policy Rate
Last
13.00
5.60
0.25
0.05
0.50
0.10

BoM Policy rate

China Target rate
U.S Fund rate
Euro Refinance rate
U.K Official rate
Japan Target rate

Prior
12.00
6.00
1.00
0.15
1.00
0.30

Last Change date

01/14/2015
11/24/2014
12/16/2008
09/04/2014
05/03/2009
12/19/2008

Highlights

U.S

U.S. and Them Dominates Davos Unsure If America Can Power World
Deep Drop in U.S. Gasoline Prices Diminishing, Lundberg Says
Obama Moves to Protect Alaska Refuge From Oil Drilling

Europe

Bank of Mongolia Rate

Last
14.00
10.00
12.50

Overnight repo
Overnight deposit
Repo

Prior Last Change date

12.50
07/31/2014
8.50
08/01/2014
11.00
08/02/2014

Money Market Rates

Indicator
LIBOR USD 3M
LIBOR EUR 3M
LIBOR GBP 3M
LIBOR JPY 3M
SHIBOR CNY 3M
UBIBOR 3 month

Last
0.2561
0.0329
0.5659
0.0971
5.30
12.50

1d% chg
0.00
4.55
0.44
0.00
0.00

1D % Chg

1M % Chg

YTD%
chg
0.20
-43.90
0.33
-13.38
-3.64
-

Stock Indices
INDICATOR - LAST

Asia

Kuroda Remarks Open Possibilities for Shift in BOJ Stimulus

China Switches to Supporting Yuan as Outflows Mount: Currencies
Japan Exports Jump More Than Forecast, Paring Record Deficit
Commodity
For Saudis, Falling Oil Demand Is More Worrying Than Global Glut
Gold Falls to Pare Three-Week Rally as Goldman Cuts Forecasts
Copper Drops for Sixth Week on China Manufacturing: LME Preview

Foreign Exchange Market

26-Jan-15 9:01

EUR/USD
GBP/USD
USD/CHF
USD/CNY
USD/JPY

117.65

117.8400

0.1615

1.8615

7.33
1.80

Stoxx 50 - 3,382.55

6.21
-0.74
-2.45

Nikkei 225 - 17,403.65

1.34

Hang Seng - 24,850.45

6.43

Shanghai - 3,351.76

0.25

Top20-MSE - 14,420.73

0.22

6.15
100.0

-2.66
-0.45

Commodity - 101.13
-5.03
-4

-2

0.0

Mongolia Related Companies Securities

Bonds

Crncy

Yields

DB Bond
MMC Bond
TDBM 2015
TDBM 2017
Mongol 2018
Mongol 2022
Samurai 2023

USD
USD
USD
CNY
USD
USD
JPY

9.42
31.25
9.28
13.37
8.19
8.44
1.02

YTD %
Chg

1.64
2.74
-2.78

-8.82
6.99
-9.68

Mid price
93.00
66.50
99.50
94.28
89.75
81.27
104.09

Day
change
-0.11
0.82
0.04
0.00

(50.0)
(100.0)
(150.0)
(200.0)

Last

1D % Chg

YTD % Chg

-0.78
-0.08
-2.59
0.00
0.00

-15.56
7.36
-12.86
0.00
-1.16

BoM sold USD

Sell order from banks
Bom bought

Mongolian Economic Indicators

Commodity Prices
48.41
1,294.75
5,549.00
485.00
850.00

Buy order from banks

10/7/2014
10/9/2014
10/14/2014
10/28/2014
11/4/2014
11/6/2014
11/11/2014
11/13/2014
11/19/2014
11/25/2014
12/2/2014
16/19/2014
12/23/2014
12/25/2014
1/6/2015
1/13/2015
1/15/2015
1/21/2015

0.31
4.13
2.80

1D %
Chg

Millions

Close

BOM bought USD

Volume
ths. USD
4221.0
78.6
1393.3

Central bank USD swap auction

50.0
BOM sold USD

-6

Indicator

-7.6942
-3.6840
-11.6506
-0.5033

3.37
2.05

DAX - 10,649.58

Crude oil
Gold
Copper
IronOre/Beijing/
Coal/Tianjin/

-0.7641
-0.0732
-0.0088
-0.1379

0.53

FTSE 100 - 6,832.83

HKD
HKD
USD

YTD % Chg

1.1255
1.5018
1.1389
6.2297

-1.02
-0.55
-1.77

S&P 500 - 2,051.82

MMC
SGS
TRQ

23-Jan-15 0:00

0.16

NASDAQ - 4,757.88

Crncy

1D % Chg

1.1169
1.5007
1.1390
6.2383

-0.79
-2.11

Dow Jones - 17,672.60

Stocks

Euro Falls to 11-Year Low as Syriza Wins Election; Aussie Drops

Greece Votes as All Europe Looks On
Ruble Bond Yields Clouding Outlook for Rate Cuts: Russia Credit

Change
YoY %

Indicators

unit

Dec.2013

Dec.2014

Money supply ( M2 )
CPI index (from the beginning of the
year)
Expenditure of Government Budget

bln.MNT

9454.9

10643.3

12.6%

Percent

12.5

11

bln.MNT

4552.6

5226.6

14.8%

Government Budget Balance

bln.MNT

-224.6

-808

-259.8%

Imports

mln.USD

6357.8

5236.6

-17.6%

External trade Balance

mln.USD

-2088.8

537.9

125.8%

Source: Bloomberg compounded midpoint rate

Contact us:

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

26-Jan-15

MORNING REPORT

Treasury Division

Gov.Bill auction calendar

Government bond auction

17.00%

200,000

16.00%
15.00%
14.00%

160,000

Government bill Announcement

type
date
12 weeks
01/05/2015

Trading
date
01/07/2015

Settlement
date
01/12/2015

20 Billion

120,000

28 weeks

01/09/2015

01/14/2015

01/19/2015

30 Billion

80,000

3 years

01/09/2015

01/14/2015

01/19/2015

10 Billion

12 weeks

01/16/2015

01/21/2015

01/26/2015

25 Billion

52 weeks

01/23/2015

01/28/2015

02/02/2015

20 Billion

5 years

01/23/2015

01/28/2015

02/02/2015

5 Billion

12 weeks

01/30/2015

02/04/2015

02/09/2015

20 Billion

28 weeks

02/06/2015

02/11/2015

02/16/2015

10 Billion

3 years

02/06/2015

02/11/2015

02/16/2015

20 Billion

12 weeks

02/13/2015

02/18/2015

02/23/2015

20 Billion

13.00%
12.00%
11.00%
9.00%

Total demand
Weighted average rate

Government sold
Max rate

Min rate

Economic events
Event
JN Markit/JMMA Japan
Manufacturing PMI
GE Markit/BME Germany
Manufacturing PMI
GE Markit Germany Services PMI
GE Markit/BME Germany
Composite PMI
EC Markit Eurozone
Manufacturing PMI
EC Markit Eurozone Services PMI
EC Markit Eurozone Composite
PMI
UK Retail Sales Ex Auto YoY

Millions

40,000

10.00%

Amount

Economic events calendar

Survey

Actual

Prior

Time

Event

Jan P

--

52.10

52.00

7:50

JN Trade Balance

Dec

-735.2B

-891.9B

Jan P

51.70

51.00

51.20

7:50

JN Trade Balance Adjusted

Dec

-743.1B

-925.0B

52.50

52.70

52.10

7:50

JN Exports YoY

Dec

11.20

4.90

52.00

7:50

JN Imports YoY

Dec

2.00

(1.70)

GE IFO Business Climate

Jan

106.50

105.50

110.80

110.00

102.50

101.10

36,500.00

36,717.00

3.20

4.10

Jan P
Jan P

52.40

52.60

Survey

Jan P

51.00

51.00

50.60

17:00

Jan P

52.00

52.30

51.60

17:00

GE IFO Current Assessment

Jan

Jan P

51.70

52.20

51.40

17:00

GE IFO Expectations

Jan

Dec

3.4%

4.2%

6.9%

17:30

UK BBA Loans for House

Purchase

Dec

23:30

US Dallas Fed Manf. Activity

Jan

UK Retail Sales Incl. Auto YoY

Dec

3.0%

4.3%

6.4%

US Markit US Manufacturing PMI

Jan P

54.00

53.70

53.90

US Existing Home Sales

Dec

5.08M

5.04M

4.93M

US Leading Index

Dec

0.40%

0.50%

0.60%

Prior

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

Source: Bloomberg compounded midpoint rate

Contact us:

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