Audio By Carbonatix
Trading of Government of Ghana papers in the local bond market declined by 24.62% week-on-week.
However, the total weekly volume traded remained above ¢1.0 billion.
Investors’ appetite improved towards medium-term maturities, as the 2031-2034 papers registered 77.88% of the market turnover.
Particularly, the February 2031 (coupon: 8.95%) bond dominated market activity, with 66% of the total weekly volume traded.
The weighted average yield at the belly of the Local Currency Yield curve advanced 119 basis points to 15.2%.
Analysts perceive trading activity could be sluggish this week as investors’ slowdown in the early sessions, awaiting inflation data to gauge the tone of the economy.
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
19 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
25 minutes -
Murtala Mohammed’s plastics advocacy must live on through legislation — Prof. Ayamga
25 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
38 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