Audio By Carbonatix
Activities in the secondary bond market declined by 10.13% week-on-week to GH¢1.52 billion.
This reflected the impact of the public holiday break.
However, trading momentum rebounded, led by the February 2033 and February 2035 maturities, which accounted for 61% of total volumes at an average Yield-to-Maturity (YTM) of 24%.
The shorter end of the LCY curve contributed 29% of trades, with the average YTM easing to 23.48%.
The belly and tail end also accounted for 53% and 18%, respectively, at an average YTMs of 24.42% and 24.14%.
Analysts expect a subdued trading session next week as market participants prepare for the 2025 Budget.
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
-
Ghana’s banking system nears full recovery after debt restructuring shock – IMF
20 minutes -
Banks back to full capital adequacy – IMF declares progress in Ghana sector clean-up
37 minutes -
IMF says BoG’s multi-billion cedi losses were part of economic recovery
58 minutes -
The losses were necessary – IMF backs BoG’s costly economic rescue
1 hour -
People on the ground recognise the gains – IMF backs BoG strategy
2 hours -
Oil prices slide on hopes of US-Iran peace deal
2 hours -
Italy busts €300 million streaming piracy ring
2 hours -
Texas sues Meta, WhatsApp over encryption privacy claims
2 hours -
US appeals court revives $82 million of verdict against Ford in trade secrets case
2 hours -
Activision shareholders reach $250m settlement over Microsoft buyout
3 hours -
Google appeals US court ruling on search monopoly
3 hours -
QNET, Manchester City Host Grassroots Football Clinic in Ghana
3 hours -
StanChart CEO Bill Winters apologises for ‘upset caused’ by AI comments
3 hours -
Grok falls flat in Washington, undercutting SpaceX’s AI growth story
3 hours -
Bank of Ghana was not too aggressive – IMF defends tight policy measures
3 hours