Audio By Carbonatix
Total market turnover on the secondary bond market rebounded by 101.72% week-on-week to GH¢715.85 million last week.
The increase in activity partly came from clips of minor trades across the front of the LCY (Local Currency Yield) curve.
This was attributed to some banks easing their bond portfolio to shore up cash reserves to comply with new monetary measures from the Bank of Ghana.
Market activity remained at the front and the tail of the LCY curve, with the February 2036 and February 2037 papers jointly accounting for 46% of the weekly aggregate market turnover.
Analysts believe exchange volumes could continue to improve in this week’s trading sessions.
This is because banks explore avenues in the bond market to increase their cash reserve position.
Latest Stories
-
Ghana retains top spot in GSMA’s 2025 mobile money regulatory index
1 second -
Ghana moves to international arbitration over maritime boundary with Togo
10 seconds -
Grey’s Anatomy star Eric Dane dies at 53 after ALS diagnosis
1 minute -
Greater Accra Regional Hospital confirms assault on security officer; suspect arrested
14 minutes -
Fiifi Coleman to revive ‘I Told You So’ as stage play in March
35 minutes -
Ghana hosts high-level ministerial meeting on women and youth political participation
1 hour -
I was a top English and Fante student in secondary school – Kwaw Kese
1 hour -
UK Prisoner set to be deported to Ghana escapes police for second time in a week
1 hour -
PHDC, GNPC form new alliance to strengthen Ghana’s energy security
1 hour -
Bishops warn of deepening cocoa crisis and call for farmer relief
2 hours -
Gold Fields to hand over Damang Mine to Ghana in April 2026
2 hours -
Kweku Adu-Gyamfi Opoku’s ‘Adi Nhyia’ Book of Symbols launched in Accra
2 hours -
NLC orders striking university unions back to negotiation table
2 hours -
NPP China and Belgium branches boost Patriotic Institute with financial and training support
2 hours -
Ghana Catholic Bishops highlights moral duty to protect cocoa farmers
3 hours