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
-
BoG Governor rallies IMF to back Africa’s digital sovereignty
2 minutes -
Amin Adam questions government bond pricing as short-term yields fall below inflation
8 minutes -
Five new telephony cell sites to be activated in October 2026 – Sam George
13 minutes -
Amin Adam raises sovereign-bank nexus concerns as banks hold GH¢190bn in government debt
18 minutes -
Government to increase Free SHS feeding allowance in 2027 Budget – Haruna Iddrisu
23 minutes -
Nadowli-Kaleo NCCE engages women’s groups on rule of law, corruption fight
24 minutes -
Mahama visits factories in Afienya/Tema
29 minutes -
TraffiTech-GH pilot reduces road crash injuries, fatalities
34 minutes -
IMF Chief identifies 2 major threats posed by AI to global economy
39 minutes -
Go back to the hand washing days – Ghanaians told
44 minutes -
GoldBod commits GH¢35m to reclaim galamsey-damaged Tano Nimri Forest Reserve
49 minutes -
Afenyo-Markin reflects on loneliness of public service, says survival is largely spiritual
56 minutes -
Achimota Court designated to handle petroleum diversion cases – NPA CEO
1 hour -
Bekwai court jails mine worker 14 years for defiling 8-year-old girl
1 hour -
CHASS conference calls for collective action to tackle indiscipline in schools
1 hour