Audio By Carbonatix
Trading activities in the secondary bond market dropped by 14 percentage points last week.
Total volume declined to GH¢658 million from GH¢762 million.
The 2027-2023 maturities dominated trading, accounting for 58% of total trades, with yields to maturities (YTM) rising to an average of 26%.
The 2031-2038 maturities made up 42% of trades, with an average YTM up to 27%.
Analysts expect trade activity to slow this week as market participants await the reading of the Expenditure Appropriation Bill for 2025 to gain clarity on government spending priorities and expected coupon payments
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
-
Dad unlawfully killed daughter in Texas shooting, coroner rules
3 hours -
Anas wins 7 – 0 as SC unanimously rejects attempts to reverse judgment in his favour
3 hours -
The cocoa conundrum: Why Ghana’s farmers are poor despite making the world’s best chocolate
4 hours -
Powerful cyclone kills at least 31 as it tears through Madagascar port
4 hours -
GoldBod summons 6 gold service providers over compliance exercise
5 hours -
Power disruption expected in parts of Accra West as ECG conducts maintenance
5 hours -
Police investigate alleged arson attack at Alpha Hour Church
5 hours -
Heavy Sunday downpour wrecks Denyaseman SHS, schools, communities in Bekwai Municipality
5 hours -
Ridge Hospital is in critical condition – GMTF Boss appeals to corporate Ghana
6 hours -
Introduce long term measures to tackle challenges in cocoa sector – IERPP to government
6 hours -
Agricultural Economist proposes blended financing model to support cocoa sector
6 hours -
NPP MP warns against reducing producer price as government rolls out cocoa reforms
7 hours -
Tano North MP urges halt to grain exports over food glut
7 hours -
Farmers hopeful as government moves to expedite cocoa payments
7 hours -
Tensions at Agbogbloshie market women oppose AMA drain cleaning exercise, items confiscated
7 hours