• Better than expected Q4 GDP, 1.3% q/q just below Q3 1.4% pace
  
  
• Annual growth of 4.1% vs 1.4% Q3
  
  
• USD/ZAR fell to 11.6380 after the data but bids soon appeared
  
  
• Leverage names still buying dollars and stops pushed sub-11.5800
  
  
• Bond auctions, 2.9/3.7 B/C 2030/2037/2048s 8.045/8.255/8.30%