3-Dec-14

Policy Rate
Last
12.00
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
10.50
6.00
1.00
0.15
1.00
0.30

Last Change date

07/31/2014
11/24/2012
12/16/2008
09/04/2014
05/03/2009
12/19/2008

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
0.2346
0.0600
0.5530
0.1050
4.40
12.50

1D % Chg

1D % Chg

1M % Chg

YTD % Chg

0.00
-1.17
0.16
-1.34
0.00

-4.67
-77.42
5.27
-28.99
-27.63
-

Stock Indices
INDICATOR - LAST

Highlights

U.S

Treasury Yields Extend Advance Versus G-7 Peers as Economy Grows

Fed Officials Stress Data Over Dates as Rate Rise Case Builds
U.S. Stocks Climb With Dollar as Oil Resumes Rout; Gold Declines

Europe

Asia

Asian Stocks Follow U.S. Gains While Aussie Slips; Crude Climbs
PBOC Easing Bets Fuel Rally in Financial Stocks: China Overnight
BOJs Negative Yields Seen Reaching Five-Year Bond: Japan Credit
Commodity
Gold Volatility Reaches 9-Month High on Oil Whipsaw: Commodities
Oils Rally Fizzles as Kurds Reach Deal on Exports With Iraq
Copper Falls for Fifth Time in Six Sessions on Dollar, Economies

Foreign Exchange Market

3-Dec-14 9:30

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

119.42

119.2200

-0.1675

-11.8573

1.75
1.19
2.89
0.37
7.22

Stoxx 50 - 3,238.35

0.60

Nikkei 225 - 17,867.34

0.42

4.46
7.61
1.23

Hang Seng - 23,654.30

-1.43
3.11

Shanghai - 2,763.55

14.19

-0.38
Top20-MSE - 14,945.34
-3.87
-0.75
Commodity - 112.51
-3.22

100.0

Central bank USD swap auction

50.0

Crncy

Yields

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

USD
USD
USD
CNY
USD
USD
JPY

6.64
28.34
8.64
11.16
5.84
6.84
1.11

0.00
0.00
4.82

-29.33
-44.19
-1.21

Mid price
98.13
68.50
99.88
97.82
95.19
89.55
103.41

Day
change
0.37
-0.05
0.01
-0.05
-0.00

Commodity Prices
Last

1D % Chg

YTD % Chg

67.90
1,200.56
6,470.50
565.00
860.00

1.53
0.11
-0.73
0.00
0.00

-31.01
-0.37
-12.27
-28.03
-26.50

(50.0)
(100.0)
(150.0)
(200.0)
9-Sep
11-Sep
16-Sep
18-Sep
23-Sep
26-Sep
30-Sep
2-Oct
7-Oct
9-Oct
14-Oct
28-Oct
4-Nov
6-Nov
11-Nov
13-Nov
19-Nov
25-Nov

Bonds

YTD %
Chg

Millions

Close
0.50
3.84
3.26

1D %
Chg

BOM bought USD

Volume
ths. USD
0.0
1.8
3155.0

BOM sold USD

0.0

-6 -4 -2 0 2 4 6 8 10 12 14 16

Mongolia Related Companies Securities

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

-10.1893
-5.5717
9.2756
-1.6742

2.09

DAX - 9,934.08

Indicator

-0.0161
0.0192
-0.0292
-0.1396

-0.68

FTSE 100 - 6,742.10

HKD
HKD
USD

YTD % Chg

1.2386
1.5640
1.0282
6.1497

2.22

S&P 500 - 2,066.55

Crncy

2-Dec-14 0:00

-1.34

NASDAQ - 4,755.81

MMC
SGS
TRQ

1D % Chg

1.2384
1.5643
1.0285
6.1583

-0.29

Dow Jones - 17,879.55

Stocks

European Stocks Rise as Energy Shares Rebound Before ECB Meeting

Draghi Powerless on ECB Path Toward QE Without Reforms: Economy
Ruble Sinks to Record as Auction Axed After Recession Warning

Buy order from banks

BoM sold USD
Sell order from banks
Bom bought

Mongolian Economic Indicators YTD

Indicators

unit

Oct.2013

Oct.2014

Change
YoY %

Money supply ( M2 )

bln.MNT

8715.9

9980.3

CPI index YoY Chg

Percent

9.7

9.3

14.5%
-4.1%

Expenditure of Government Budget

bln.MNT

3539

4122.6

16.5%
-52.2%

Government Budget Balance

bln.MNT

-183

-278.5

Imports

mln.USD

5341

4474.3

-16.2%

External trade Balance

mln.USD

-1860.8

131.4

-107.1%

Source: Bloomberg compounded midpoint rate

Contact us:

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

3-Dec-14

MORNING REPORT

17.00%

200,000

16.00%
160,000

15.00%
14.00%

120,000

13.00%
80,000

12.00%
11.00%
10.00%
9.00%

Min rate

Economic events

Government bill Announcement

type
date
12 weeks
11/07/2014

Trading
date
11/12/2014

Settlement
date
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

28 weeks

12/12/2014

12/17/2014

12/22/2014

60 Billion

5 years

12/12/2014

12/17/2014

12/22/2014

10 Billion

12 weeks

12/19/2014

12/24/2014

12/29/2014

50 Billion

Amount

Economic events calendar

Event
IT Budget Balance

Millions

40,000

Government sold
Max rate

Gov.Bill auction calendar

Government bond auction

Total demand
Weighted average rate

Treasury Division

Survey

Actual

Prior
-8.5B

Nov

--

-4.9B

EC PPI MoM

Oct

-0.30%

-0.40%

0.20%

EC PPI YoY

Oct

-1.30%

-1.30%

-1.40%

Time

Event

Survey

Prior

14:00

JN Markit Japan Services PMI

Nov

--

5060.0%

14:00

RU HSBC Russia Services PMI

Nov

4780.0%

--

16:45

RU HSBC Russia Composite PMI

Nov

--

--

16:45

IT Markit/ADACI Italy Composite

PMI

Nov

4960.00%

--

16:50

IT Markit/ADACI Italy Services PMI

Nov

5020.00%

--

16:50

FR Markit France Services PMI

Nov F

4880.00%

--

14:00

FR Markit France Composite PMI

Nov F

4840.0%

--

16:55

GE Markit Germany Services PMI

Nov F

5210.0%

5210.0%

16:55

GE Markit/BME Germany Composite

PMI

Nov F

52.10

52.10

17:00

EC Markit Eurozone Services PMI

Nov F

51.30

51.30

17:00

EC Markit Eurozone Composite PMI

Nov F

51.40

51.40

17:30

UK Markit/CIPS UK Services PMI

Nov

56.50

56.20

17:30

UK Markit/CIPS UK Composite PMI

Nov

5620.0%

5580.0%

18:00

EC Retail Sales MoM

Oct

0.5%

-1.3%

18:00

EC Retail Sales YoY

Oct

1.6%

0.6%

22:45

US Markit US Services PMI

Nov F

56.50

56.30

22:45

US Markit US Composite PMI

Nov F

--

56.10

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.
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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