Audio By Carbonatix
The secondary bond market for treasury securities experienced strong trading activity but below the preceding week’s impressive volumes.
According to trading results, the aggregate face value traded declined by 33.78% to ¢401.11 million.
Similarly, trading was skewed in favour of shorter term-to-maturity, with the 2027 to 2030 bonds accounting for 94% of the total face value traded on the market. The February 2027 traded ¢371.02 million.
The 2027 to 2030 tenors traded around an average yield of 14.34%, while the 2031 to 2034 papers were exchanged around 12.96%.
Analysts expect trading activity to remain upbeat, as comments from the ongoing International Monetary Fund review hint at improving fiscal position.
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
-
Free Primary Healthcare Programme set for take-off — Health Ministry confirms readiness
12 minutes -
3 co-wives, 5 children perish in canoe disaster – Maritime Authority insists life jackets use mandatory for all water transport
1 hour -
Iran war lands ‘triple blow’ to flood-ravaged Sri Lankans
2 hours -
Gunmen kill at least 11 people at Afghanistan picnic spot
2 hours -
Woman, 25, in court for stealing baby at Bogoso
2 hours -
Trump unveils giant gold-accented victory arch design for US capital
2 hours -
We spoke to the man making viral Lego-style AI videos for Iran. Experts say it’s powerful propaganda
2 hours -
Hungarians vote in big numbers on whether to end Orbán rule and elect rival
2 hours -
At least 30 feared dead in crush at Haitian tourist site
2 hours -
Boxing: Abdul Ahmed wins WBA Africa Cruiserwight title after dispatching Nigeria’s Eradeye
2 hours -
Nearly 2,000 displaced, schools damaged as windstorm wreaks havoc in Gushegu
2 hours -
Ghana’s Derrick Kohn to work under Marie-Louise Eta as she becomes first woman to coach men’s Bundesliga team
3 hours -
Accra Open Championships conclude with strong performances ahead of African Championships
3 hours -
Ghana to begin camping with 12 athletes after Accra Open Championships – Bawa Fuseni
3 hours -
Anthony Joshua declines showdown with Tyson Fury but admits they ‘probably’ clash next
3 hours