19-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

Last
0.2471
0.0586
0.5596
0.1114
7.60
12.50

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

YTD%
chg
0.41
-77.96
6.53
-24.64
25.00
-

1d% chg
0.71
-1.21
0.11
0.00
0.00

Stock Indices
INDICATOR - LAST

1D % Chg

Highlights

U.S

Yellens Inflation Lessons: Targets Matter, Oil Shocks Dissipate

Fed Grants Volcker Reprieve in Banks Second Win This Month
S&P 500 Caps Best Two-Day Gain Since 2011 Amid Global Rally

Europe

Asia

These Tourists Are No Accident With Yen Depreciating: Currencies

China Currency Freedoms Beckon as Shanghai Zone Offers Test Run
Alibaba Investors Arent Fazed as IPO Lockup Expiration Looms
Commodity
Oil Rebounds From 5-Year Low as Market Most Volatile Since 2011
Gold Set to Halt Two-Week Advance as Fed Boosts Dollar, Stocks
Russian Grip on Gas Supply Looms Over Europe's Winter

Foreign Exchange Market

19-Dec-14 9:22

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

S&P 500 - 2,061.23

FTSE 100 - 6,466.00

Nikkei 225 - 17,485.22

Hang Seng - 23,158.27

24.75
0.00
2.19

Top20-MSE - 15,264.58

100.0

118.90

119.0300

0.1093

-11.4718

Central bank USD swap auction

50.0
BOM sold USD

-0.30
Commodity - 108.52
-7.07

0.0

Close
0.41
3.63
2.84

Bonds

Crncy

Yields

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

USD
USD
USD
CNY
USD
USD
JPY

7.59
29.51
9.18
11.70
6.66
7.38
1.00

1D %
Chg

YTD %
Chg

0.00
0.00
-1.39

-42.18
-47.24
-13.94

Mid price
96.25
67.50
99.50
96.90
93.16
86.59
104.26

Day
change
0.00
0.18
-0.19
-0.00

Commodity Prices
Last

1D % Chg

YTD % Chg

54.95
1,198.56
6,362.00
505.00
860.00

1.55
0.30
-0.89
0.00
0.00

-44.17
-0.54
-13.74
-35.67
-26.50

(100.0)

BOM bought USD

Volume
ths. USD
0.0
0.0
4138.7

(50.0)

(150.0)
(200.0)

Buy order from banks

BoM sold USD
Sell order from banks
Bom bought

9/16/2014
9/18/2014
9/23/2014
9/26/2014
9/30/2014
10/2/2014
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

Mongolia Related Companies Securities

Millions

-10-8-6-4-2 0 2 4 6 810121416182022242628

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

-10.9508
-5.4751
10.2079
-2.5618

-2.32
-0.11

Shanghai - 3,053.07

Indicator

-0.0407
-0.0128
0.0392
0.0177

2.79
3.57
3.33
0.98
1.80
1.34
1.09

Stoxx 50 - 3,153.77

HKD
HKD
USD

YTD % Chg

1.2284
1.5661
1.0202
6.2155

-3.44

DAX - 9,811.06

MMC
SGS
TRQ

18-Dec-14 0:00

2.43
0.52
2.24
1.55
2.40
0.61
2.04

NASDAQ - 4,748.40

Crncy

1D % Chg

1.2279
1.5659
1.0198
6.2144

1M % Chg

Dow Jones - 17,778.15

Stocks

Euro Is 0.2% From 2-Year Low on ECB Bets; Yen Slides for 3rd Day
Russia Forcing Swiss Hand Depletes Arsenal to Fight ECB Stimulus
Putin Strikes Uncompromising Stance Over Crisis Gripping Russia

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

19-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

Survey

Actual

Prior

Time

Survey

Prior

0:00

UK GfK Consumer Confidence

Dec

(1.00)

(2.00)

0:00

JN All Industry Activity Index

MoM

Oct

1.00%

GE IFO Current Assessment

Dec

110.40

110.00

110.00

GE IFO Expectations

Dec

100.50

101.10

99.70

4.5%

6.9%

4.6%

UK Retail Sales Ex Auto YoY

Millions

40,000

Government sold
Max rate

Gov.Bill auction calendar

Government bond auction

Total demand
Weighted average rate

Treasury Division

Nov

Event

UK Retail Sales Incl. Auto MoM

Nov

0.4%

1.6%

0.8%

8:05

GE PPI MoM

Nov

-0.20%

(0.00)

UK Retail Sales Incl. Auto YoY

Nov
13Dec
6Dec
Dec
P
Dec
P

4.4%

6.4%

4.3%

12:30

GE PPI YoY

Nov

-1.10%

-1.00%

295K

289K

294K

15:00

GE GfK Consumer Confidence

Jan

8.80

8.70

2436K

2373K

2514K

15:00

FR Production Outlook
Indicator

Dec

--

1600.00
%

--

53.800

56.100

15:00

FR Manufacturing Confidence

Dec

99.00

99.00

56.30

53.600

56.200

15:45

FR Business Confidence

Dec

95.00

94.00

Dec

26.00

15:45

IT Industrial Orders MoM

Oct

--

-1.5%

15:45

UK Public Finances (PSNCR)

Nov

--

-2.6B

17:00

UK Public Sector Net

Borrowing

Nov

14.8B

7.1B

US Initial Jobless Claims

US Continuing Claims
US Markit US Composite PMI
US Markit US Services PMI
US Philadelphia Fed Business
Outlook

24.50

40.80

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