Audio By Carbonatix
Trading activity on the Ghana secondary bond market recorded a recovery last week, as the new bonds recorded major trades in the 4th and 5th sessions.
The total face value traded surge to ¢175.90 million, approximately 31.30%.
This was underpinned by a 42.08% increase in transactions across the new bonds.
According to the trading activity, the average yield for the 2027-2030 maturities increased 182 basis points, closing at 13.35%.
Additionally, the 2031-2033 and 2034-2038 papers’ average yields, climbed to 13.68% and 13.82% respectively.
Analysts believe market activity will remain lively this week, with investors pricing near-term inflation risk into bond yields while waiting on the Monetary Policy Committee’s response to inflation data.
Latest Stories
-
What gold and copper tell us about the new logic of mining investment in Africa
22 minutes -
BoG revises directive on Net Open Position limits
24 minutes -
They think we’ve stolen their cocoa – LBCs blame payment delays for farmer anger
31 minutes -
FIDC Africa Infrastructure Conference 2026 launched in Accra
39 minutes -
$185m unpaid – LBCs say Cocobod owes them for two seasons
53 minutes -
We’ve pre-financed cocoa for 7 years – LBCs say banks are owed more than farmers
1 hour -
Blue Water Guards, NAIMOS, IMCIM… but rivers still poisoned – John Awuah slams galamsey fight
2 hours -
Airport rename debate while rivers die? – John Awuah blasts CSOs
2 hours -
Britney Spears sells rights to entire music catalogue
2 hours -
Ex-police chief said Trump told him in 2006 ‘everyone’ knew of Epstein’s behaviour
3 hours -
Pilot praised after crash-landing faulty Somali passenger plane on seashore
3 hours -
Haaland puts ‘pressure on himself’ to help team
3 hours -
Snoop Dogg to attend Swansea game for first time
3 hours -
Toughest season I’ve had as manager ‘by a mile’ – Slot
3 hours -
CSOs have lost their moral voice – John Awuah tears into galamsey ‘noise’
6 hours