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Dollar bonds trim losses after Mboweni appointed as finance minister

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South Africa dollar-denominated debt trimmed losses through the curve on Tuesday after President Cyril Ramaphosa appointed former central bank governor Tito Mboweni as finance minister.

The 2044 and 2041 issues traded around 0.5 cents lower, after you have lost nearly 0.8 cents earlier in the day, depending on Tradeweb data. Shorter-dated bonds erased many their losses to trade almost flat make certain that.


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