Yields on South Africa’s dollar-denominated sovereign debt rose across the curve on Friday after President Jacob Zuma sacked respected Finance Minister Pravin Gordhan following days of speculation.
The yield on the country’s benchmark 2026 issue jumped 20 basis points to 4.710 percent according to Tradeweb data.
Source – Reuters
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THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
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