Audio By Carbonatix
The secondary bond market rebounded last week, recording an increase in total volume traded.
Total market turnover expanded by 18.78% to ¢90.40 million.
The upturn in overall market activity followed increased transactions across the new bonds.
The 7-year new bond (maturity: Feb-2030) registered two major trades. It contributed 89% of the week’s aggregate turnover.
Bond prices at the shorter end of the LCY curve declined an average of 2% week-on-week, while the belly and tail parts declined 14% and 13%, respectively.
Analysts believe the large target size for treasury bills auction will likely continue to present a downside to bond market activity this week.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Between faith and rights: A nuanced strategic view on the debate over an Islamic widow’s political ambition
43 seconds -
At worst, Baba Jamal should have been fined – Vitus Azeem
7 minutes -
Gender Minister visits the 31st December Women’s Day Care Centre and the Makola clinic
9 minutes -
Ayawaso East NDC primary: Why feed people for votes? Are they your children? – Kofi Kapito
13 minutes -
Ziavi Traditional Area begins funeral rites for Togbega Ayim Kwaku IV
22 minutes -
Photos: Mahama swears in Presidential Advisory Group on Economy
23 minutes -
Ghana intensifies boundary pillar construction with Côte d’Ivoire
23 minutes -
NHIA settles December–January claims worth GH¢400m for service providers
28 minutes -
Mahama warns economic advisers of ‘rough road ahead’ amid debt distress
28 minutes -
EC engages political parties in preparatory meeting for March 3 Ayawaso East by-election
31 minutes -
Forgiveness key to restoring broken relationships – Rev. Daniel Annan
32 minutes -
Joy Prime partners ALM for 2026 African Leadership Awards in Accra
39 minutes -
Retaining Baba Jamal shows NDC condones vote-buying – Vitus Azeem
42 minutes -
AG ordered to disclose Ghana-US deportation agreement to Democracy Hub
46 minutes -
Richard Osei-Anim joins Ishmael Yamson & Associates as Senior Partner to lead AI Global Practice
53 minutes