Audio By Carbonatix
Activity in the secondary bond market eased by 12.20% week-on-week, with total volumes settling at GH¢1.16 billion last week.
However, modest price gains were recorded across the General Category bonds.
Overall, the shorter end of the local currency yield (LCY) curve accounted for 49% of total volumes.
The weighted average yield to maturity (YTM) eased 145 basis points to 20.63%.
The belly and tail segments made up 51% of volumes, with the average YTM closing at 20.44%.
Databank Research said it expects bond market pricing to strengthen further in the near term.
This will be supported by the recent World Bank financing and the upcoming August 2025 coupon payment.
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
-
UNIFIL condemns air strikes that injured Ghanaian peacekeepers in Lebanon
13 minutes -
Assembly member shot as armed robbery wave grips Agona East District
37 minutes -
Armed robots take to the battlefield in Ukraine war
1 hour -
AI-generated Iran war videos surge as creators use new tech to cash in
2 hours -
Kufuor calls for intellectual revolution to fix Ghana’s structural cracks
3 hours -
This Saturday on Prime Insight: Experts to tackle Mahama’s land transit ban on rice and ORAL progress
4 hours -
‘Tragic event’: Israeli Ambassador reacts to missile attack on Ghanaian soldiers in Lebanon
4 hours -
Huge US bomber lands at UK air base
4 hours -
Chief Imam urges unity, democratic commitment as Ghana marks 69th Independence Anniversary
5 hours -
Eternal vigilance: Akufo-Addo reflects on the price of liberty on independence day
5 hours -
Introducing Regalia Residence: Accra’s new luxury standard
5 hours -
Emirates restores flights as airspace reopens, moves toward full global operations
5 hours -
Widows’ bodies in exchange for land: A call to the state and traditional authorities
5 hours -
Ghanaian faces 20 years in US prison after $100m global romance scam bust
5 hours -
Five people are diagnosed with cancer every hour in Kenya – How Empower digital platform is facilitating early detection
7 hours