Home » Demand soars at SA bond sale as risk mood lifts

Demand soars at SA bond sale as risk mood lifts

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Investor demand at South Africa’s weekly government bond sale more than doubled as risk appetite improved globally after the US and China reached a deal to temporarily lower tariffs.

Primary dealers placed orders for R14.86 billion ($806 million) of debt, almost four times the R3.75 billion of securities on sale Tuesday, according to central bank data compiled by Bloomberg.

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