Trial now
SPAIN T-BILL AUCTION RESULTS

3/9-month letras

EGB OPTIONS

Aug Bund 1x1.5x1 Call Fly Buyer

BOND SUMMARY

EGBs-GILTS: Constructive Start

EUROZONE ISSUANCE

Clarify: NGEU not NEGU

EUROZONE ISSUANCE

NEGU 10y - final spread set

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  • SOUTH AFRICA'S RULING ANC TO OPPOSE RAMAPHOSA'S RIVAL IN COURT
  • ANC appoints Ledwaba Mazwai Attorneys as instructing attorneys to oppose application by Secretary-General Ace Magashule to have his temporary suspension lifted
  • announcement has likely come from the Top six after an emergency meeting was held today
  • Unified response from the party is a positive sign for Ramaphosa who has sealed his grip on power, and another nail in the coffin for Magashule who as seen his support base dwindle in recent weeks
  • More anti-ANC rhetoric from Magahsule pushes him closer to an RET breakaway and the off chance of expulsion from the party (which has been discussed within the high levels of the party)