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
-
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
45 minutes -
Nearly 400 sentenced in Nigeria for links to militant Islamists
1 hour -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
1 hour -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
2 hours -
Kwaku Azar writes: A-G vs OSP
2 hours -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
2 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
2 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
3 hours -
Barcelona dominate derby to extend La Liga lead
3 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
4 hours -
Importers and Exporters Association declares full support for Publican AI port system
4 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
4 hours -
Volleyball emerges as Ghana’s fastest rising sport
4 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours -
JoySports Exclusive: Steve McLaren in talks with GFA after expressing interest in Black Stars job
4 hours