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
-
Photos: Final-day shopping continues at Joy FM Back-to-School Discount Fair
6 minutes -
Darkey and Frimpong set up J30 Accra boys’ doubles final
8 minutes -
When war takes more than territory: The human cost of conflict
10 minutes -
Review SHS placement policy to give more BECE candidates access – Kwesi Kwarteng
16 minutes -
Tano South Municipal Assembly moves to curb road carnage with speed ramps
19 minutes -
Duvor Klu, Gakpo win J30 Accra girls’ doubles title
22 minutes -
ITF Juniors Tournament: Duvor Klu claims with straight-sets victory over Gakpo
33 minutes -
‘Decision to retire has been tough’ – Isaac Dogboe
51 minutes -
Domelevo backs OSP probe into alleged GH¢70,000 payment to Appiagyei
59 minutes -
Crowds swell as families make final shopping at Joy FM Back-to-School Fair
59 minutes -
‘Apologise if you accept you erred’ – Political analyst tells Chief Justice
2 hours -
Mahama’s board shake-up should not be linked to indiscipline – Akwatia MP
2 hours -
‘My Police, Your Police, Our Police’: the Aboso fire and a lesson in Policing together
3 hours -
Parliament backs OSP probe into alleged GH¢70k payment to Patricia Appiagyei
3 hours -
Photos: Joy FM Back-to-School Fair buzzes with excitement, strong patronage on Day 2
3 hours