Audio By Carbonatix
Activities in the secondary bond market fairly improved, rising by 15.64 percentage points to GH¢991 million last week.
This was primarily due to increased participation from offshore investors.
Trading was well distributed across maturities, with the February 2027 and February 2037 bonds accounting for about 48% of total volume.
The shorter end of the local currency yield curve attracted 51.53% of the market activity, yielding 24%, while the belly and tail segments accounted for 8.08% and 40.39%, attracting a Yield-To-Maturity of 24.48% and 24.15%, respectively.
Analysts expect that ongoing participation from offshore investors will help to reduce price volatility in the secondary bond market.
The strong appetite for these high-yield bonds reflects increased market optimism, which is likely to enhance liquidity and attract a broader range of investor participation in the near term
Latest Stories
-
She Gives: The ripple effect of women who choose to give
8 minutes -
Nadowli-Kaleo District observes 69th Independence Day with cultural exhibition and academic awards
11 minutes -
Chambas Team of Red Alert, Narcotics Commission join forces to combat drug abuse
30 minutes -
Tano North MCE launches 75 km road project under DRIP initiative
45 minutes -
Galamsey Chemicals and Air Pollution linked to rising Diabetes risk in children
1 hour -
EduSpots celebrates a decade of digitalised community-led education and shares future vision
2 hours -
Karpowership empowers female students as STEM sector remains predominantly male-dominated
3 hours -
Accra New Town Experimental 1 JHS students decry lack of laboratories, poor classroom conditions
3 hours -
Yale School of Management names Togbe Afede XIV as global chair
3 hours -
Citizen Attoh: The multifaceted voice of Ghana’s media and heritage
4 hours -
Breaking borders, building futures: How African-led AI is rewriting the rules of global innovation
5 hours -
Guinea orders dissolution of 40 political parties, including three main opposition groups
5 hours -
Dozens killed as Israeli special forces raid Lebanese village in search of 40-year-old remains
5 hours -
Trump demands ‘unconditional surrender’ from Iran as Putin speaks with Iran’s president
6 hours -
Iran Embassy in Ghana opens Book of condolence after death of Supreme leader in US-Israel attacks
7 hours