Audio By Carbonatix
Trading activity on the secondary bond market lost steam last week as the 4-year and 5-year new bonds registered lower transactions than the preceding week.
According to trading results, a total face value of ¢78.75 million, representing 72.03% decline week-on-week changed hands across the market, with the new bonds dominating activity.
The new bonds dominated activity, with most trades closing around the 97% to 99.8% price range.
Together with treasury bills, the aggregate turnover for the week was ¢995 million.
Instruments at the front end of the yield curve traded around an estimated yield of 10.67% (-148 basis points week-on-week).
Some market watchers and analysts believe the government’s reassurance to honour obligations on the old bonds could present some upside to trading activity in the secondary bond market this week.
Latest Stories
-
Abolish or Reform? Abu Jinapor counsels sober reflection on debate over future of Special Prosecutor’s Office
5 hours -
2026 World Cup: Can Ghana navigate England, Croatia, and Panama in Group L?
5 hours -
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
6 hours -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
6 hours -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
6 hours -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
7 hours -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
8 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
8 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
8 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
9 hours -
JOY FM Drive Time host Lexis Bill leads fans up Aburi Mountain in energetic ‘Walk With Lexis’ fitness experience
9 hours -
2026 World Cup: Ghana to open campaign in Toronto against Panama
9 hours -
President Mahama, Lordina support retired Assemblies of God pastors, widows with medical care and Christmas gifts
9 hours -
2025/26 GPL: Nations FC fight back to claim 2-1 win over Heart of Lions
9 hours -
Tanzania responds to international criticism over October post-election events
10 hours