Audio By Carbonatix
The secondary bond market turnover increased by 33.12% week-on-week to GH¢1.87 billion from GH¢1.41 billion the previous week.
According to the trading results, the February 2035 maturity led flows with GH¢483.92 million in volumes traded.
However, the 2031–2038 bonds led market activity.
It accounted for a combined 68.6% of total volumes at a weighted average yield of 16.10%.
Meanwhile, the 2027–2030 papers accounted for 31% of trades at a weighted average yield of 15.65%.
“We expect market momentum to remain firm in the coming weeks, with short- to medium-term yields staying broadly anchored amid improved investor sentiment following Moody’s credit rating upgrade”, Databank Research said.
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
-
From glut to growth – John Dumelo says value addition is the way forward
43 minutes -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
1 hour -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
2 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
2 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
2 hours -
Arrest over fire petition stirs public debate in Hong Kong
3 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
3 hours -
Police recover $19k Fabergé egg swallowed by NZ man
3 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
3 hours -
Grand jury declines to charge Letitia James after first case dismissed
3 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
3 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
4 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
4 hours -
Top UK scientist says research visa restrictions endanger economy
4 hours -
‘I’m not afraid of death, only poverty’ – Peter Okoye
4 hours