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
-
Edem warns youth against drug abuse at 9th Eledzi Health Walk
35 minutes -
Suspension of new DVLA Plate: Abuakwa South MP warns of insurance and public safety risks
50 minutes -
Ghana’s Evans Kyere-Mensah nominated to World Agriculture Forum Council
2 hours -
Creative Canvas 2025: King Promise — The systems player
2 hours -
Wherever we go, our polling station executives are yearning for Dr Bawumia – NPP coordinators
2 hours -
Agricultural cooperatives emerging as climate champions in rural Ghana
3 hours -
Fire Service rescues two in truck accident at Asukawkaw
3 hours -
Ashland Foundation donates food items to Krachi Local Prison
3 hours -
Akatsi North DCE warns PWD beneficiaries against selling livelihood support items
3 hours -
Salaga South MP calls for unity and peace at Kulaw 2025 Youth Homecoming
4 hours -
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
5 hours -
Ibrahim Mahama supports disability groups with Christmas donation
5 hours -
2025/26 GPL: Berekum Chelsea come from behind to beat XI Wonders 3-1
5 hours -
NACOC dismantles drug dens in Eastern and Greater Accra regions in ‘Operation White Ember’
6 hours -
GPL 2025/26: Aduana fight from two goals down to draw against Young Apostles
6 hours