Audio By Carbonatix
Trading activities in the secondary market moderated, with total volume traded declining by 39.24% to GH¢1.3 billion.
This was down from GH¢2.1 billion recorded in the previous week.
However, the transaction count saw an uptick of 70% to 216, up from 127 in the prior week.
Trading activity was concentrated in the belly of the LCY curve, accounting for 37.4%, while the shorter and tail ends of the curve represented 36.4% and 26.2%, respectively.
The February 2033 and Feb 2027 bonds accounted for 23% and 21% of the total volume traded, respectively, with average yields of 27.69% and 28.07%.
Analysts expect trading activity to pick up as banks increase repo transactions towards month-end to manage short term liquidity
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
-
Ecuador soldiers sentenced to decades in prison over disappearance of murdered boys
26 minutes -
Trump pulls 30 envoys in ‘America First’ push, critics say it weakens US abroad
37 minutes -
The 17-hour miracle: Black Sherif beats logistical marathon to pull off historic Zaama Disco 2025
1 hour -
NPP Primaries: Electoral area coordinators in Ada, Sege declare support for Bawumia
2 hours -
PSG marks 90 years with Maiden Dinner and Awards Night
2 hours -
Volta, Oti pharmacists sound alarm over staff shortages, call for action
2 hours -
Police foil suspected robbery at Ashaiman; 3 suspects killed
2 hours -
Forest Okyeman: Communities rise to defend one of Ghana’s last ecological strongholds
2 hours -
AFCON 2025: South Africa start tournament with win over Angola
2 hours -
Why Ghana’s insurance laws still fail claimants, according to new KNUST research
3 hours -
GPL 2025/26: Medeama score late to draw with Basake Holy Stars
3 hours -
Rapperholic Creators challenge blends digital talent and financial discipline for Ghanaian youth
3 hours -
Justice on a leash – Minority claims law enforcement is being used to punish political opponents
3 hours -
Dr Gideon Boako provides ¢10k seed capital for TanoFest Programme
3 hours -
Bond market: Turnover rose by 64.39% to GH¢6.75bn
4 hours