6-Jan-15

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
0.2536
0.0543
0.5634
0.1114
5.00
12.50

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

YTD%
chg
-0.78
-7.31
-0.11
-0.63
-9.09
-

1d% chg
-0.78
-6.17
0.00
-0.63
0.00

Stock Indices
INDICATOR - LAST

1D % Chg

Highlights

U.S

One-Way Dollar Wagers Losing Allure for Strategists: Currencies

Crude Holds Slump to $50 as Global Supply Glut Seen Persisting
Global Sovereign Bonds Rally as Yields Fall to Record Low 1.28%

Europe

Euro Wild Ride to 2006 Low Shows Risk Forecasters Undershooting

Samaras Faces Greek Voters Skeptical of His Euro-Exit Warnings
Greek Euro Exit Isnt Acceptable to Germany: Leonid Bershidsky

Asia

Asian Stocks Extend Global Selloff With Oil Near $50;

Yen Extends Gains as Oil Slump, Greek Vote Stoke Haven Demand
Chalco Jumps as Yanzhou Gains on Reform Outlook: China Overnight
Commodity
Crude Holds Slump to $50 as Global Supply Glut Seen Persisting
Gold Rises for Second Day as Greek Crisis Spurs Demand for Haven
Iron Ore Inventory at Chinas Ports Contracts to 11-Month Low

Foreign Exchange Market

6-Jan-15 9:09

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

1D % Chg

YTD % Chg

1.1943
1.5262
0.9942
6.2200

5-Jan-15 0:00
1.1923
1.5226
0.9924
6.2204

0.1677
0.2364
-0.1811
0.0064

-1.2975
-2.0474
1.2171
-0.2106

119.27

119.6100

0.2851

0.4779

1M % Chg

-1.86
Dow Jones - 17,501.65
-2.55
-1.57
NASDAQ - 4,652.57
-2.68
-1.83
S&P 500 - 2,020.58
-2.64
-2.00
FTSE 100 - 6,417.16
-4.83
-2.99
DAX - 9,473.16
-6.09
-3.70
Stoxx 50 - 3,023.14
-7.76
-2.27
Nikkei 225 - 16,968.93
-5.06
-0.57
Hang Seng - 23,721.32
-1.17
3.58

Shanghai - 3,350.52

14.05

Top20-MSE - 14,766.05

100.0

0.01

50.0

-1.82

Commodity - 103.87
-7.42

0.0

MMC
SGS
TRQ

HKD
HKD
USD

Volume
ths. USD
30327.4
29.1
2218.6

Close
0.34
3.84
3.19

Bonds

Crncy

Yields

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

USD
USD
USD
CNY
USD
USD
JPY

7.50
30.71
9.22
11.84
6.58
7.34
1.01

1D %
Chg

YTD %
Chg

-1.47
2.67
-2.45

-1.47
-0.52
2.90

Mid price
96.50
66.50
99.50
96.74
93.43
86.85
104.15

Day
change
-0.01
-0.00
-0.13
0.00

Commodity Prices
Indicator
Crude oil
Gold
Copper
IronOre/Beijing/
Coal/Tianjinl/

Last

1D % Chg

YTD % Chg

50.14
1,203.63
6,213.50
485.00
860.00

0.20
0.22
-1.70
0.00
0.00

-5.88
1.32
-2.43
0.00
0.00

(100.0)

BOM bought USD

Crncy

(50.0)

(150.0)
(200.0)

Buy order from banks

BoM sold USD
Sell order from banks
Bom bought

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
12/23/2014
12/25/2014

Mongolia Related Companies Securities

Millions

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

Stocks

Central bank USD swap auction

BOM sold USD

0.00

brent
Mongolian Economic Indicators YTD
Indicators

Change
YoY %

unit

Nov.2013

Nov.2014

Money supply ( M2 )

bln.MNT

1826.9

1689.7

CPI index YoY Chg

Percent

11.1

10.1

-9.0%

Expenditure of Government Budget

bln.MNT

3539

4122.6

16.5%
-164.7%

-7.5%

Government Budget Balance

bln.MNT

-166.4

-440.5

Imports

mln.USD

5855.3

4832.2

-17.5%

External trade Balance

mln.USD

-1994.1

358.2

118.0%

Source: Bloomberg compounded midpoint rate

Contact us:

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

6-Jan-15

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
Survey

GE CPI MoM
GE CPI YoY
GE CPI EU Harmonized MoM
GE CPI EU Harmonized YoY
US ISM New York

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
EC Sentix Investor Confidence
UK Markit/CIPS UK Construction
PMI

Millions

40,000

Government sold
Max rate

Gov.Bill auction calendar

Government bond auction

Total demand
Weighted average rate

Treasury Division

Actual

Prior

Jan

(1.00)

0.90

(2.50)

Dec

59.00

57.60

59.40

0.1%

0.0%

0.0%

0.30%

0.20%

0.60%

0.2%

0.1%

0.0%

0.2%

0.1%

0.5%

--

70.80

62.40

Dec
P
Dec
P
Dec
P
Dec
P
Dec

Time
9:35
9:35
16:55
16:55
17:00
17:00
17:30
22:45

Event
JN Markit/JMMA Japan
Composite PMI
JN Markit Japan Services
PMI
GE Markit Germany Services
PMI
GE Markit/BME Germany
Composite PMI
EC Markit Eurozone Services
PMI
EC Markit Eurozone
Composite PMI
UK Markit/CIPS UK Services
PMI
US Markit US Composite
PMI

Survey
Dec

--

Dec

--

Dec F
Dec F
Dec F
Dec F
Dec
Dec F

22:45

US Markit US Services PMI

Dec F

23:00

US Factory Orders

Nov

23:00

US ISM Non-Manf.
Composite

Dec

Prior
51.20
50.60

51.40

51.40

51.40

51.40

51.90

51.90

51.70

51.70

58.50

58.60

--

53.80

53.70

53.60

-0.5%

-0.7%

58.00

59.30

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