Audio By Carbonatix
The secondary bond market declined by 22.73 percentage points to GH¢403 million last week.
This is down from GH¢522 million the previous week.
The shorter end of the yield curve dominated trading, with maturities from 2027 to 2030 accounting for 65% of total trades at an average yield to maturity (YTM) of 27%.
The maturities from 2031 to 2034 comprised 35% at an average YTM of 28%.
Analysts expect a quiet session next week, with only minor repo trades for collateral purposes, as investor interest in T-bills grows.
This is due to their attractive yields and safety compared to the bond market.
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