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GILT AUCTION PREVIEW

1.25% Jul-51

GILTS

Opening calls

SOUTH AFRICA

SAGBs Take a Knock, 2Y Notches +12.1bp Higher

JPY

USDJPY is through new intraday high

DUTCH AUCTION PREVIEW

0% Jan-29 DSL

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MNI: US JOBLESS CLAIMS +51K TO 419K IN JUL 17 WK

US PREV JOBLESS CLAIMS REVISED TO 368K IN JUL 10 WK

US CONTINUING CLAIMS -0.029M to 3.236M IN JUL 10 WK