Hello September – The first of the month comes on a weekend, so let’s all try and behave ourselves!
Attached are the T-bill auction results from this week and the inflation data for August 2023. On the T-bill front, no changes in how the market has been treating these auctions. Interest largely influenced by the incoming maturities while the bids remain heavily skewed towards the shortest T-bill, the 91D T-bill. On the inflation side, the year-on-year inflation rate was 6.7%, a 60bp drop from the previous month and the second consecutive drop in the inflation rate. For your day’s trading activities, below is a snapshot of what is at play within the secondary market for your consideration. Happy Hunting and the very best wishes for the month ahead!
Attached are the bond positions available today, the T-bill auction results from this week and the inflation data for August 2023.