21-Nov-14

Policy Rate
Last
12.00
6.00
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 Last Change date

10.50
07/31/2014
6.31
07/06/2012
1.00
12/16/2008
0.15
09/04/2014
1.00
05/03/2009
0.30
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
0.2329
0.0621
0.5574
0.1050
4.60
12.50

1D % Chg

1D % Chg

1M % Chg

YTD % Chg

0.78
1.16
0.00
1.38

-5.36
-76.61
6.10
-28.99
-24.34
-

0.00

Stock Indices
INDICATOR - LAST
Dow Jones - 17,719.00

0.19

NASDAQ - 4,701.87

0.56

S&P 500 - 2,052.75

0.20

Highlights

U.S

Dollar Rally Sparks Record Hedge Demand in ETF Boon: Currencies

U.S. Said to Seek Multibank Settlement in Criminal Forex Probes
U.S. Says Obamacare Numbers Erroneously Inflated by Dental Plans

Europe

Asia

Yen Drop Gives Recessionary Japan a Boost in Stagnant Europe

Japanese Stocks Fall as Abe Set to Dissolve Parliament for Vote
China Said to Mull Easing of Loan-to-Deposit Rules Amid Slowdown
Commodity
WTI Crude Gains a Second Day as Investors Weigh OPEC Output Cut
Gold Falls for Second Day Amid Bets Fed to Raise Interest Rates
Copper Falls for Third Time in Four Days on China Factory Data

Foreign Exchange Market

21-Nov-14 9:05

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

118.07

118.0900

0.0169

-10.8495

4.81
6.72

-0.66

3.70
16.09
-0.10

Hang Seng - 23,349.64

1.13
0.07

Shanghai - 2,452.66

4.83
0.00

Top20-MSE - 14,909.10
-4.74

100.0

0.69
1.12

Commodity - 117.92

Yields

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

USD
USD
USD
CNY
USD
USD
JPY

6.81
27.79
8.63
11.10
5.80
6.85
1.13

-32.04
-42.15
5.15

Mid price
97.75
68.88
99.88
97.91
95.22
89.47
103.21

Day
change
0.01
0.07
-0.03
0.00

Commodity Prices
Last

1D % Chg

YTD % Chg

76.76
1,193.49
6,731.75
575.00
860.00

1.20
0.17
-0.34
0.00
0.00

-22.01
-0.96
-8.73
-26.75
-26.50

(100.0)
(150.0)
(200.0)

Buy order from banks

BoM sold USD
Sell order from banks
Bom bought

4-Sep
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
18-Nov
20-Nov

Crncy

7.69
0.76
-1.70

(50.0)

BOM bought USD

Bonds

YTD %
Chg

Millions

Close
0.70
3.98
3.47

1D %
Chg

BOM sold USD

0.0

-6 -4 -2 0 2 4 6 8 10 12 14 16 18
Volume
ths. USD
7783.8
157.3
2341.8

Central bank USD swap auction

50.0

Mongolia Related Companies Securities

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

-8.9999
-5.2759
7.6842
-1.1234

0.12

Nikkei 225 - 17,180.48

Indicator

0.0718
0.0255
-0.0287
0.0572

5.74

-0.67

HKD
HKD
USD

YTD % Chg

1.2539
1.5688
1.0434
6.1275

-0.26

Stoxx 50 - 3,102.21

Crncy

20-Nov-14 0:00

6.39

DAX - 9,483.97

MMC
SGS
TRQ

1D % Chg

1.2548
1.5692
1.0437
6.1240

6.65

FTSE 100 - 6,678.90

Stocks

Draghis QE Question Is Whether Benefits Are Worth the Headache

ECB Leaks Maligning Cyprus Aid May Harm Euro, Ex-Governor Says
Russian Grip on Gas Supply Looms Over Europe's Winter: QuickTake

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

21-Nov-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

Millions

40,000

Government sold
Max rate

Gov.Bill auction calendar

Government bond auction

Total demand
Weighted average rate

Treasury Division

Government bill Announcement

type
date
12 weeks
10/24/2014

Trading
date
10/29/2014

Settlement
date
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

Amount

Economic events
Event

Survey

JN Trade Balance Adjusted

Oct

JN Exports YoY
JN Markit/JMMA Japan
Manufacturing PMI

Oct
Nov
P
Nov
P
Nov
P
Nov
P
Oct

GE Markit Germany Services PMI

EC Markit Eurozone
Manufacturing PMI
EC Markit Eurozone Composite
PMI
UK Retail Sales Incl. Auto YoY
US CPI YoY
US Initial Jobless Claims
US Continuing Claims
US Markit US Manufacturing PMI

Oct
15Nov
8Nov

Actual

Prior

-1100.0B

-977.5B

-1070.1B

4.50

9.60

6.90

52.70

52.10

52.40

54.50

52.10

54.40

50.80

50.40

50.60

52.30

51.40

3.8%
1.6%

Economic events calendar

Time

Event

Survey

Prior

17:00

IT Hourly Wages MoM

Oct

--

17:00

IT Hourly Wages YoY

Oct

--

0.0%
1.1%

52.10

17:30

UK Public Finances (PSNCR)

Oct

--

17.7B

4.3%

2.7%

17:30

UK Central Government NCR

Oct

--

21.7B

1.7%

1.7%

17:30

Oct

7.0B

11.1B

284K

291K

290K

UK Public Sector Net

Borrowing

21:00

RU Real Wages YoY

Oct

-0.9%

-1.0%

2370K

2330K

2392K

21:00

RU Unemployment Rate

Oct

5.1%

4.9%

56.30

54.70

55.90

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