Audio By Carbonatix
The Secondary bond market activity bounced back last week, as the total volume traded upturned to ¢54.92 million.
The upturn in market turnover was partly due to improved liquidity and the end-of-month portfolio adjustments by pension funds.
Investors continued to favour the 4-year bond (maturity: Feb 2027), which drove the market and contributed 86% of the total volume traded.
Bond prices were relatively stable compared to the downticks in the past weeks.
Analysts expect the elevated yields on the shorter-dated securities (T-bills), to continue to subdue bond market activities.
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
-
Recreation Minister Kofi Adams backs ‘Walk With Lexis’ set for December 6
13 minutes -
Milo U13 Championship reaches quarter-final with thrilling match-ups
1 hour -
From glut to growth – John Dumelo says value addition is the way forward
2 hours -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
3 hours -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
3 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
4 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
4 hours -
Arrest over fire petition stirs public debate in Hong Kong
4 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
4 hours -
Police recover $19k Fabergé egg swallowed by NZ man
4 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
5 hours -
Grand jury declines to charge Letitia James after first case dismissed
5 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
5 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
5 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
5 hours