Audio By Carbonatix
The secondary bond market was lackluster last week, with a lifeless week opening and a rebound in the last two trading sessions.
Investors exchanged ¢160.04 million across various maturities with much interest in the 2027-2030 bonds.
Consequently, total market turnover contracted 26.86% week-on-week.
However, the new bonds at the tail of LCY curve recorded no trades.
The average yield on the 2027-2030 maturities settled at 14.3% (+144 basis points week-on-week), while the 2031-2033 end gained 54 basis points week-on-week to 12.77%.
Analysts expect the sizeable decline in Ghana’s headline inflation to engender favourable investor confidence and increased bond market activity in the coming sessions.
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
-
Nine coal miners die in gas explosion in Colombia
1 minute -
Boakye Agyarko pledges to rebuild NPP ahead of 2028 elections
6 minutes -
Police probe alleged assault of Amaniampong SHS student over church service refusal
15 minutes -
Ga Mantse donates 3,000 mathematical sets to BECE candidates in Accra
19 minutes -
Two remanded over alleged illegal possession of G3 rifle, ammunition
36 minutes -
Gov’t fast-tracks Accra–Kumasi expressway with military-led groundwork
58 minutes -
Court orders psychiatric evaluation for man accused of stealing police armoured vehicle
1 hour -
Ghana launches National Mental Health Campaign with 24/7 digital care platform
1 hour -
GoldBod Jewellery opens nationwide partnership drive for sales agents and franchise owners
1 hour -
TGMA 2026 moves to Grand Arena as organisers announce venue change
1 hour -
‘We survived on snow and sand’ – Victim recounts harrowing experience on frontlines of the Russia-Ukraine war
2 hours -
‘I considered retiring’ – Kofi Kyereh opens up on rehabilitation struggles
2 hours -
Gov’t and mining companies in talks over gold mobilisation and forex strategy
2 hours -
Gender Ministry rallies support for Ghana’s bid to UNCRPD Expert Committee seat
2 hours -
WPL 2025/26: Hasaacas Ladies receive donation from Betika Ghana after second-place finish
2 hours