Audio By Carbonatix
Trading of Government of Ghana papers in the local bond market remained robust last week.
The total weekly volume traded improved 10.34% week-on-week to a new post-Domestic Debt Exchange Programme high of ¢1.39 billion.
Investors shifted focus from the February 2028 (coupon: 8.50%) paper to the February 2028 (coupon: 8.65%) bond, which accounted for 40% of total market turnover.
Notably, the average yield for the 2027 to 2030 tenors increased by 210 basis points to 16.56%, while the 2031 to 2034 papers traded around 14.00%, up by 49 basis points.
Analysts expect trading activity to remain lively in the bond market this week, as investor confidence in the Ghanaian economy steadily strengthens.
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
-
Home Away From Home: Ga-Adangbes in Toronto, Canada celebrate Homowo 2026
32 seconds -
Photos: National Interfaith Memorial Service held in Accra to honour August 6 helicopter crash victims
12 minutes -
Private individual takes over Manhyia South Sub-Metro office; KMA orders immediate eviction
15 minutes -
Former Kotoko spokesperson defends Eric Tinkler appointment over discipline concerns
16 minutes -
NSA sets August 14 deadline for defaulters, private candidates to apply for service PIN codes
19 minutes -
EPA Deputy CEO recalls final conversation with late Murtala Mohammed ahead of UN plastics negotiations
20 minutes -
The Women’s Development Bank: The promise, pressure, and the path ahead
26 minutes -
Murtala Mohammed’s plastics advocacy must live on through legislation — Prof. Ayamga
26 minutes -
NPP’s protest on anniversary of helicopter tragedy was insensitive – Tanko-Computer
29 minutes -
We are not drowning because it rains—we are drowning because we have normalised filth
33 minutes -
Outrage as Ugandan football captain beaten to death in street gang attack
37 minutes -
Nana Yaa Jantuah receiving NPP’s petition was disrespectful – Haruna Mohammed
39 minutes -
NPP should be grateful Nana Yaa Jantuah received its petition – Tanko-Computer
47 minutes -
Yilo Krobo SHS secures NSMQ national slot after dramatic comeback win over Aburi Presby SHTS
48 minutes -
‘I’m not a nobody; I’m a senior government official’ – Nana Yaa Jantuah assures NPP its petition will reach Mahama
52 minutes