Audio By Carbonatix
Trading activity in the secondary bond market declined by 23.15% week-on-week, with total volumes closing at GH¢1.18 billion from GH¢1.53 billion.
The price action was broad-based across general category bonds.
The 2027-2030 maturities led trading with a 57% share and an average Yield-To-Maturity of 21.47% (+0.5 percentage points).
The 2031–2038 papers accounted for 43% at an average YTM of 21.62%.
Analysts expect trading activity to remain relatively muted in the coming week.
This is because institutional investors are shifting focus to the Bank of Ghana’s newly issued 273-day bill.
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
-
Golden Jubilee Sports Festival opens with call for discipline, unity
55 minutes -
Land guards take over Tuba irrigation farm as farmers protest
55 minutes -
Police arrest 2 cybercrime suspects, rescue kidnapped victims in Tema
58 minutes -
Women’s Development Bank rollout at advanced stage – Vice President
60 minutes -
Cocoa reforms will safeguard farmers’ interests – Ato Forson assures
1 hour -
Be patient; not everyone can be appointed – Asiedu Nketia to NDC faithful
1 hour -
NAIMOS arrests 3 Chinese nationals, a Ghanaian in Mpohor galamsey swoop
1 hour -
We must work to achieve a Navy that is robust, globally respected – CNS
1 hour -
Community leaders in Ayawaso East urged to act responsibly, safeguard public peace
2 hours -
Parliament launches five-year corporate strategic plan
2 hours -
Water crisis tops concerns of residents at NCCE forum in Tamale
2 hours -
Sky Train Project was never approved- Ex-GIIF Board Secretary
2 hours -
GACL MD calls for stronger international connectivity to position Accra as West Africa’s aviation hub
2 hours -
Airlines, travel consultants pledge support for growth at 5th AviationGhana Breakfast Meeting
2 hours -
Mrs Esther Ami Mensah-Abbey, aka Daavi
2 hours