Audio By Carbonatix
The turnover of the secondary bond market strengthened notably by 29.99% week-on-week to GH¢2.43 billion from GH¢1.87 billion the previous week.
The February 2027 maturity dominated flows with GH¢591.25 million in volumes traded.
The 2027-2030 bonds led market activity, capturing 42.9% of total volumes at a weighted average yield of 15.68%.
Meanwhile, the 2031–2038 papers followed, jointly accounting for 57.1% of total trades within a tight yield corridor of 15.73% to 15.81%.
“We expect market activity to remain steady, supported by improved liquidity and sustained interest in the belly of the curve, where risk-adjusted returns remain attractive”, Databank Research pointed out.
Joy Business understands that investors continue to seek incremental carry while maintaining a defensive duration stance, amid expectations of the government’s re-entry into the primary bond market.
Latest Stories
-
Ecobank Ghana MD expresses gratitude to customers, staff at 9 Lessons & Carols Service
3 hours -
Ghana and Germany deepen economic partnership: A new era of investment and cooperation
4 hours -
Breaking up before the holidays: Is it better to let go before or after the festive season?
4 hours -
From waste to purpose: Prudential Life advances no-plastic-use agenda with plastic recycled desk project
4 hours -
Jerry Ahmed opposes use of athletes’ bonuses as Sports Fund sources
5 hours -
Water supply disruption looms as Weija Plant undergoes maintenance on Friday
5 hours -
Accra: Corn miller in court for planning to set Kantamanto shops ablaze
5 hours -
Over 1.3m young Ghanaians out of work or school – GSS
5 hours -
Merqury Quaye Live DJ Concert set for December 25 at Laboma Beach Resort
5 hours -
Six drivers arrested as AMA boss enforces approved public transport fares
5 hours -
Aephaniel Owusu-Agyemang: A journey of leadership, policy and economic purpose
5 hours -
Victory for Ghana’s forests: Civil society hails revocation of controversial L.I. 2462
5 hours -
HIV testing should be mandatory for employment in Ghana – Habib Iddrisu
5 hours -
The use of ‘olonka’ must end, we need proper measuring scale – Kofi Kapito
6 hours -
Gov’t bans mining in forest reserves; violators face up to 25 years in prison
6 hours