The local secondary bond market experienced significant improved trading activity last week.
The total market turnover broke the ¢2 billion mark to an all-time post-Domestic Debt Exchange Programme high of ¢2.06 billion.
The market registered 54 trades on the new bonds, with the February 2027 and February 2030 papers jointly dominating activity and accounting for 54.15% of the total face value traded.
Bond yields compressed an average of 377 basis points at the front of the Local Currency Yield curve while recording an increase at the bell (+178 basis points) to the tail (+87 basis points) of the curve.
Analysts expect the end-of-month portfolio adjustment by pension fund managers to augur well for bond market 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.
Latest Stories
-
My ‘Agric for Wealth’ policy is a game-changer for Ghanaian farmers – Presidential aspirant, George Twum-Barimah-Adu
8 mins -
Mistrust, poor communication to blame for NDC and EC contention – CDD’s Boateng Asiamah
10 mins -
All Regional Games: Asamoah Gyan walks flamed torch through Northern, Upper East and Bolgatanga
13 mins -
EC being economical with the truth – Dr Rashid Tanko-Computer
27 mins -
Ring cocoa prices may impact sweet tooth – SBM Intelligence report
32 mins -
Kofi Kinaata finally drops maiden EP ‘Kofi oo Kofi’
35 mins -
Voter registration: Dadieso Immigration assures tight border security to prevent foreigners
39 mins -
MTN FA Cup: All set for semis as Dreams FC eye another final
39 mins -
Explore, find and control – Dr. Bawumia’s paradigm shift policy for Ghana’s natural resource management
54 mins -
My father abandoned me at birth when he saw I was an albino – Byno
59 mins -
Harry and Meghan begin three-day Nigeria visit
1 hour -
Gloria Bempong: Nurturing growth; the revered gift of womanhood
2 hours -
Telecel Ghana partners Infinix to offer exclusive internet deals with NOTE 40 series launch
2 hours -
Tiwa Savage releases soundtrack album for debut feature film ‘Water and Gari’
2 hours -
NDC asking for serial numbers of BVRs is an insult to its agents – Haruna Mohammed
2 hours