Audio By Carbonatix
The secondary bond market came alive in the late sessions of last week.
According to trading results, the total volume traded recorded a notable increase of 351.75% week-on-week to ¢439.75 million.
Instructively, the February 2029 new bond drove the market, accounting for 89% of the aggregate volume traded in the market.
Again, the 2027-2030 instruments recorded an estimated 4.14% increase in average price, reflecting the decrease in average yields to 12.82% (-9 basis points).
The 2031-2034 and 2035-2038 estimated average yields also settled at 14.03% (+99 basis points) and 14.66% (+8 basis points).
Analysts perceived Moody’s upgrade of Ghana’s local currency long-term issuer rating to Caa3 to outweigh the mild upturn in inflation and keep the secondary bond market lively this week.
Latest Stories
-
Mahama donates hearse to Gonjaland Youth Association to support dignified burials
2 minutes -
Awutu chiefs threaten to withhold lands from government over 24-hour market project
6 minutes -
NCCE, GHS sensitise pupils on drug and substance abuse in Sissala West
10 minutes -
Heavy rain causes flooding near Tokyo that kills 4 and strands travellers
15 minutes -
CSIR-WRI turns fish wastewater into crop production input
17 minutes -
FWSC disputes GAUA’s claims over allowances, rejects comparison with lecturers
24 minutes -
Volta Regional Minister donates tricycles to HTH
32 minutes -
Akatsi South manages 608 hypertension cases amid rising NCD burden
36 minutes -
TMA asserts exclusive planning authority in Tema
41 minutes -
NRSA probes ‘aboboyaa’ link to Ofankor crash that killed 12
47 minutes -
Aksa Energy bribery scandal: Public inquiry will expose, shame culprits – Manhyia South MP
51 minutes -
CAPCOE rejects claims of deliberate bias against private schools in 2026 BECE
56 minutes -
Akatsi South records 177 teenage pregnancies in six months
56 minutes -
Dr Zakari calls for safe spaces to address youth mental health challenges
1 hour -
Political parties urged to guard against foreign manipulation of information
1 hour