3-Sep-14

Source: Bloomberg compounded midpoint rate

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

Policy Rate
Last Prior Last Change date
BoM Policy rate 12.00 10.50 07/31/2014
China Target rate 6.00 6.31 07/06/2012
U.S Fund rate 0.25 1.00 12/16/2008
Euro Refinance rate 0.15 0.25 03/06/2014
U.K Official rate 0.50 1.00 05/03/2009
Japan Target rate 0.10 0.30 12/19/2008

Bank of Mongolia Rate
Last Prior Last Change date
Overnight repo 14.00 12.50 07/31/2014
Overnight deposit 10.00 8.50 08/01/2014
Repo 12.50 11.00 08/02/2014

Money Market Rates
Indicator Last 1D % Chg YTD % Chg
LIBOR USD 3M 0.2336 0.00 -5.08
LIBOR EUR 3M 0.1214 -3.95 -54.30
LIBOR GBP 3M 0.5596 0.00 6.53
LIBOR JPY 3M 0.1279 0.00 -13.53
SHIBOR CNY 3M 4.80 2.13 -21.05
UBIBOR 3 month 12.50 13.64 -

Stock Indices

Mongolia Related Companies Securities
Stocks
Crncy
Volume
ths. USD
Close
1D %
Chg
YTD %
Chg
MMC USD 2999.0 0.64 3.23 -37.86
SGS USD 53.4 4.52 1.57 -34.30
TRQ USD 2784.2 3.38 0.00 2.42

Bonds Crncy Yields Mid price
Day
change
DB Bond USD 6.62 98.00 -
MMC Bond USD 31.07 62.65 -0.00
TDBM 2015 USD 8.58 99.92 -
TDBM 2017 CNY 11.37 97.19 -0.01
Mongol 2018 USD 5.93 94.59 0.03
Mongol 2022 USD 7.06 88.07 -0.06
Samurai 2023 JPY 1.13 103.24 -0.00
Commodity Prices
Indicator Last 1D % Chg YTD % Chg
Crude oil 93.12 0.26 -5.39
Gold 1,265.28 0.02 5.00
Copper 6,983.00 0.22 -5.32
IronOre/Beijing/ 615.00 0.00 -21.66
Coal/Tianjinl/ 860.00 0.00 -26.50


Highlights
U.S
Dollar Gains While Bonds, Stocks Fall Amid Slump in Commodities
Hedge Funds Revel in Volatility as Gains Tag Along
Europe
Bond Market Tilts Toward Frankfurt as Draghi Negates Feds Hawks
Draghis ABS Revival Bid Depends on How Regulators Define Simple
Swiss GDP Unexpectedly Stalls as Euro Area Takes Toll
Ukraine Reaches Out to Investors as Fighting Sparks Bond Selloff
Asia
Japan Drives Asian Stock Gains Amid Yen Drop; Aussie Bonds Fall
Tokyo Property Investments Surge on Rising Rents: Real Estate
Samsung Shares Trail Apple Most in Two Decades: Chart of the Day
Commodity
WTI Advances From January Low Before U.S. Crude Stockpile Data
Gold, Silver Decline to Lowest Since June on U.S. Factory Gains
Copper Gains as Expansion in U.S. Manufacturing Signals Demand
Foreign Exchange Market

3-Sep-14 8:52 2-Sep-14 0:00 1D % Chg YTD % Chg
EUR/USD 1.3133 1.3125 0.0610 -4.7574
GBP/USD 1.6469 1.6486 -0.1031 -0.5855
USD/CHF 1.0878 1.0875 -0.0276 3.3186
USD/CNY 6.1483 6.1475 -0.0130 -1.5142
USD/JPY 105.21 105.1200 -0.0855 0.0475



Mongolian Economic Indicators YTD
Indicators unit May.2013 May.2014
Change
YoY %
Money supply ( M2 ) bln.MNT 7908.9 10233.3 29.4
CPI index YoY Chg Percent 5.1 6.2 -
Expenditure of Government Budget bln.MNT 1872.0 2284.5 22.0
Government Budget Balance bln.MNT 139.3 -106.9 -
Imports mln.USD 2468.1 2131.9 -13.6
External trade Balance mln.USD -824.8 -204.0 -75.3

-1.41
0.71
3.69
0.88
1.68
3.51
3.22
2.25
4.01
5.64
3.48
-1.01
0.22
1.37
-0.01
0.73
0.17
0.30
0.06
-0.05
0.39
-0.18
-2 0 2 4 6
Commodity - 125.30
Top20-MSE - 15,947.77
Shanghai - 2,266.05
Hang Seng - 24,749.02
Nikkei 225 - 15,790.06
Stoxx 50 - 3,180.29
DAX - 9,507.02
FTSE 100 - 6,829.17
S&P 500 - 2,002.28
NASDAQ - 4,598.19
Dow Jones - 17,067.56
INDICATOR - LAST
1D % Chg 1M % Chg
(100.0)
(80.0)
(60.0)
(40.0)
(20.0)
0.0
20.0
40.0
60.0
80.0
2
4
-
J
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2
6
-
J
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1
-
J
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3
-
J
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8
-
J
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1
0
-
J
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1
7
-
J
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2
2
-
J
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2
4
-
J
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2
9
-
J
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3
1
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J
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5
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A
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7
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1
5
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A
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9
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S
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Central bank USD swap auction
Buy order from banks
BoM sold USD
Sell order from banks
Bom bought
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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

2 3-Sep-14
MORNING REPORT Treasury Division

Gov.Bill auction calendar

Government bill
type
Announceme
nt date
Trading
date
Settlemen
t date
Amount
52 weeks 9/05/2014 9/10/2014 9/15/2014 30 Billion
3 years 9/05/2014 9/10/2014 9/15/2014 20 Billion
12 weeks 9/12/2014 9/17/2014 9/22/2014 40 Billion
28 weeks 9/19/2014 9/24/2014 9/29/2014 40 Billion
5 years 9/19/2014 9/24/2014 9/29/2014 10 Billion
Economic events
Event

Survey Actual Prior
JN Monetary Base YoY Aug -- 40.50% 42.70%
UK Markit/CIPS UK Construction PMI Aug 61.50 64.00 62.40
EC PPI MoM Jul -0.10% -0.10% 0.10%
EC PPI YoY Jul -1.10% -1.10% -0.80%
CA RBC Canadian Manufacturing
PMI
Aug -- 54.80 54.30
US Markit US Manufacturing PMI Aug F 58.00 57.90 58.00
US ISM Manufacturing Aug 57.00 59.00 57.10
US ISM Prices Paid Aug 58.50 58.00 59.50
US Construction Spending MoM Jul 1.00% 1.80% -1.80%
US IBD/TIPP Economic Optimism Sep 45.50 45.20 44.50



Economic events calendar
Time Event

Survey Prior
9:35 JN Markit Japan Services PMI Aug -- 50.40
15:55
GE Markit Germany Services
PMI
Aug F 56.40 56.40
15:55
GE Markit/BME Germany
Composite PMI
Aug F 54.90 54.90
16:00
EC Markit Eurozone Services
PMI
Aug F 53.50 53.50
16:00
EC Markit Eurozone Composite
PMI
Aug F 52.80 52.80
17:00 EC Retail Sales YoY Jul 0.90% 2.40%
19:00 US MBA Mortgage Applications 29-Aug -- 2.80%
21:45 US ISM New York Aug -- 68.10
22:00 US Factory Orders Jul 11.00% 1.10%
09/03
/2014
09/04
US Total Vehicle Sales Aug 16.60M 16.40M






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at based upon information obtained from sources believed to be reliable and in good faith. Such information has not been independently verified and no
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40,000
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8.50%
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10.50%
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14.50%
15.50%
M
i
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i
o
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s
Government bond auction
Total demand Government sold Min rate
Weighted average rate Max rate