Audio By Carbonatix
Activities in the secondary bond market picked up by 25.14% week-on-week, with volumes rising from GH¢1.23 billion to GHS 1.41 billion.
The February 2027 led trading, accounting for 31% of total volumes and clearing at an average Yield-To-Maturity (YTM) of 20%.
Overall, the shorter end of the LCY curve contributed 60% of trades at an average YTM of 20%.
The belly and tail segments made up the remaining 40%, clearing at 21.33% on average.
Analysts contend that despite higher traded volumes, price declines across maturities pushed yields slightly up, indicating cautious market sentiments.
In the coming weeks, there is an anticipated improve, supported by end-of-month bank rebalancing.
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
-
Global Africa Trade Advisory Chamber to launch in Abuja on 25 May
21 minutes -
GoldBlock Party launches ‘Purple’ festival brand after six years in Ghana
49 minutes -
Mahama convenes special Cabinet meeting on Constitutional Review proposals tomorrow, May 14
2 hours -
Rejection of 10p and 20p Coins: A growing concern for consumers
2 hours -
Suame residents lament prolonged water shortage as dry taps persist
2 hours -
NPP to stage mammoth demonstration over alleged political harassment
3 hours -
Nana Kwaku Bonsam urges couples to consider spiritual compatibility before marriage
3 hours -
JoyNews’ Clinton Yeboah named 2026 Kwame Karikari Fact-Checking Fellow
3 hours -
Real Madrid president Perez calls for elections
3 hours -
Chairman Wontumi pays a courtesy call on Bawumia and Akufo-Addo ahead of NPP national elections
3 hours -
Nsawam inmates qualify for Africa chess representation after strong prison tournament performance
3 hours -
Interplast breaks into Africa’s top 50 fastest-growing companies
3 hours -
GETFund briefs Asantehene on award of GH¢400m contract for KNUST Teaching Hospital equipment
3 hours -
Crux Global Agency powers the entertainment experience of the 6th Basketball Africa League across Africa
3 hours -
Ghana Hostels rejects Rent Commissioner’s comments on Pentagon Hostel charges, demands apology
3 hours