EM CEEMEA CREDIT: South Africa: Sep CPI, neutral for credit

Oct-22 08:03

(SOAF; Ba2/BB-pos/BB-)

  • Neutral read for credit, y/y in line with estimate.
  • "*SOUTH AFRICA SEPT. CONSUMER PRICES RISE 3.4% Y/Y; EST. +3.4%" - BBG

     

Historical bullets

SONIA OPTIONS: Outright Call Seller

Sep-22 07:57

SFIU6 96.90c, sold at 6.75 in 8k.

SONIA: Large Basis trade

Sep-22 07:56

Large Sonia Basis trade:

  • SFIZ6 10k at 96.42.

EGB OPTIONS: Bund downside Put Spread

Sep-22 07:48

RXZ5 128/126ps, bought for 66 in 3.25k.