Audio By Carbonatix
Trade activity in the secondary bond market began the year quietly but ended the week with total trades amounting to GH¢522 million.
This was down from GH¢657 million the previous week.
The 2027-2030 maturities accounted for 27% of total trades, with the average yield to maturity (YTM) easing to 25%.
In contrast, the 2031-2038 maturities comprised 73% of total trades, with the average YTM increasing to 28%.
Analysts believe the former President Akufo-Addo’s recent State of the Nation address, where he emphasised the government's commitment to meeting upcoming debt obligations, is likely to enhance investor confidence in the near term.
There is an expected resurgence in trade activity in the coming weeks particularly as investors react positively to the US$346 million coupon payout to Eurobond holders.
Latest Stories
-
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
24 seconds -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
29 minutes -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
44 minutes -
The brewing tension at KNUST; Beware the Ides of October….
1 hour -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
1 hour -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
2 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
2 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
2 hours -
The Accra-Kumasi Expressway: Building it right
2 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
2 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
3 hours -
Eastern NPP Women’s Organiser calls on AG, Police to secure bail for Salomey Baffoe
3 hours -
Poverty, illiteracy driving acceptance of vote-buying among women – Damongo Queen Mother
3 hours -
Photos: Democracy Is Not For Sale forum in Savannah region
3 hours -
GNFS launches 2026/27 National Anti-Bushfire campaign in Atebubu, records 62.8% reduction in bushfire cases
4 hours