Audio By Carbonatix
Trade activity in the secondary bond market edged up 0.52% week-on-week to GH¢1.15 billion, from last week’s GH¢1.14 billion.
This was supported by month-end rebalancing and improving sentiment.
Activity was broadly spread across the LCY curve, with the August 2027 and February 2036 papers driving 39% of total volumes.
The 2027–2030 segment accounted for 44% of trades, clearing at an average Yield-To-Maturity (YTM) of 21%.
Maturities from 2031–2038 made up the remaining 56%, with an average YTM of 22%.
Analysts attribute the improved trading activity to continued month-end rebalancing and believe the cedi’s enhanced stability has improved investor sentiment.
In the near term, they expect sustained market liquidity as foreign exchange resilience underpins optimism.
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