President Cyril Ramaphosa has confirmed to lawmakers that he is establishing a special committee to address the national logistical crisis. Press reports suggest that the so-called NLCC will be chaired by Ramaphosa himself and will be responsible for overseeing the implementation of the Freight Logistics Roadmap.
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Comments from US Ambassador to China, Nicholas Burns, hitting wires repeating calls by high ranking Biden administration officials to roll back tensions and resume regular diplomatic engagements.
SX7P (16th June) 130/160 RR, bought the call for 0.60 in 20k.
| Type | 13-week BTF | 20-week BTF | 50-week BTF |
| Maturity | Aug 2, 2023 | Sep 29, 2023 | Apr 17, 2024 |
| Amount | E2.697bln | E1.697bln | E1.798bln |
| Target | E2.3-2.7bln | E1.3-1.7bln | E1.4-1.8bln |
| Previous | E2.594bln | E1.897bln | E1.997bln |
| Avg yield | 3.089% | 3.204% | 3.254% |
| Previous | 3.057% | 3.216% | 3.354% |
| Bid-to-cover | 2.46x | 3.84x | 3.50x |
| Previous | 3.42x | 3.83x | 2.77x |
| Previous date | Apr 24, 2023 | Apr 24, 2023 | Apr 24, 2023 |