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
-
Tribute to the late Kwabena Kesse (Stephen Boateng) from the May 9 Foundation and its president, Mr. Herbert Mensah
24 seconds -
Naming persons of interest in AKSA case is a step towards accountability – Mary Addah
10 minutes -
Recycle Up! Ghana calls for more government support to expand green entrepreneurship
16 minutes -
Police arrest two suspects over alleged lynching at Daboya
23 minutes -
Mustapha Abdul-Hamid promises ideological revival as he files for NPP Vice Chairmanship
30 minutes -
Rosemary Selasi Dogbe-Asante
34 minutes -
Contractor working on Adenta-Dodowa road incorporates pavement blocks at 17 major intersections
36 minutes -
Ghana sees MTN’s GH¢20m donation as South Africa’s ‘back-channel diplomacy’ – International relations expert
43 minutes -
Future of Energy Conference: Africa must power production, not just consumption – Policy leaders
50 minutes -
Tarkwa residents petition government to renew Gold Fields mining leases
53 minutes -
Bagre Dam spillage likely to begin Friday, August 28
55 minutes -
NRSA to deploy Traffictech to apprehend traffic offenders, introduce mandatory towing to curb crashes
55 minutes -
Veteran actress Grace Nortey dies at 89
58 minutes -
Ghana rejected MTN’s GH¢20m donation to sustain diplomatic pressure on South Africa – Int’l Relations Analyst
1 hour -
World Bank backs Ghana’s recovery, urges sustained reforms
1 hour