Audio By Carbonatix
Trading activity for the Government of Ghana bonds rebounded after losing significant steam in the prior week.
Impressively, the total volume traded advanced significantly, reaching a post-Domestic Debt Exchange Programme (DDEP) record high of ¢1.26 billion.
The February 2028 (coupon: 8.5%) and February 2030 (coupon: 8.8%) papers constituted 87% of total market turnover.
The 2027 to 2030 tenors traded around a weighted average yield of 14.46%, while the 2031 to 2033 papers were exchanged at 13.52%.
With investors gradually regaining confidence in the Ghanaian economy, the bond market is likely to continue to record improved trading 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
-
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
30 minutes -
Women and children among those killed in Sudanese army shelling of wedding celebration
34 minutes -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
52 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
1 hour -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
1 hour -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
1 hour -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
1 hour -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
2 hours -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
2 hours -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
2 hours -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
2 hours -
Nigeria convicts 386 Islamist militants in mass trials
2 hours -
Djibouti president wins election with 97.8% of vote, state media says
2 hours -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
3 hours