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SAGBs Eye Key Support at 11 May Lows, Swap Rates Bull Flatten

SOUTH AFRICA

SABG Key Supports

  • 10Y: 9.30
  • 15Y: 10.55
  • 30Y: 10.70-1.067 zone

SA Swap Rates: Bull Flattener Gains Momentum

  • 2-year swap is down 4.8 bps at 4.42%
  • 5-year swap is down 6.5 bps at 5.86%
  • 10-year swap is down 8.5 bps at 7.43%
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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