Audio By Carbonatix
The Secondary bond market activity decreased sharply by 51.67% week-on-week, down GH¢483 million from GH¢999 million the previous week.
This was primarily due to the Islamic holidays.
Trade in the general category of maturities was modest, with the February 2030 maturity leading at an average yield to maturity (YTM) of 23.5%.
The shorter end of the local currency yield curve accounted for 51% of trading activity, averaging a YTM of 23%.
On the other hand, the belly to tail end represented 49% of trades at an average YTM of 22%.
Analysts expect secondary bond market activity to remain subdued in the coming weeks as investors cautiously await clearer economic signals and the outcome of the International Monetary Fund review.
They anticipate low trading volumes until market confidence improves.
Latest Stories
-
Matthew McConaughey trademarks iconic phrase to stop AI misuse
3 minutes -
Song banned from Swedish charts for being AI creation
8 minutes -
Barcelona reach Copa del Rey quarter-finals
17 minutes -
Players need social skills for World Cup – Tuchel
22 minutes -
Labubu toy manufacturer exploited workers, labour group claims
26 minutes -
Lawerh Foundation, AyaPrep to introduce Dangme-language maths module
57 minutes -
US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea
1 hour -
Votes being counted in Uganda election as opposition alleges rigging
1 hour -
Ntim Fordjour accuses government of deliberate LGBT push in schools
1 hour -
National security task force storms ‘trotro’ terminals to halt illegal fare hikes
1 hour -
U.S. visa restriction development for Ghana concerning – Samuel Jinapor
1 hour -
Uganda election chief says he has had threats over results declaration
1 hour -
Quality control lapses allowed LGBT content into teachers’ manual – IFEST
1 hour -
Akufo-Addo’s name will be “written in gold” in Ghana’s history in the fullness of time – Jinapor
1 hour -
Tread cautiously about financial hedging – US-based Associate Professor to BoG
1 hour