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
-
From Young Nurse to Hypertension Champion: Betty Twumasi Ankrah’s Journey
41 minutes -
Ghana to mark Africa Safer Internet Day on February 10
1 hour -
‘A Tax For Galamsey’: Dr Manteaw warns NDC against shielding ‘galamsey’ DCEs
2 hours -
When a TV is not a vote but the Gospel according to the television set
3 hours -
Ghana can significantly expand domestic revenue without raising tax rates -UGBS Finance Professor
3 hours -
Policeman killed in bloody robbery on Zebilla–Widnaba road
3 hours -
Cedi under seasonal pressure as Q1 demand intensifies; one dollar equals GH¢11.80 at forex bureaus
3 hours -
Roads Minister rejects Minority’s claim of downgrading Suame Interchange Project
3 hours -
Eco-Africa Network demands dismissal of culpable officials in explosive JoyNews exposé
3 hours -
Ayawaso East vote-buying: Party will take decision after committee findings – NDC
3 hours -
Ayawaso Zongo Chiefs warn of possible chaos if NDC annuls disputed primary
4 hours -
I didn’t see failure as an option: Chicago Fire forward Shokalook
4 hours -
TI-Ghana condemns alleged vote-buying in Ayawaso East NDC primary
4 hours -
Karim Zito resigns as Asante Kotoko head coach following MTN FA Cup elimination
4 hours -
“Is your cell phone bugged?” Why privacy may be an Illusion in the age of smart devices
5 hours
