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
-
Former Foreign Affairs minister and Ex-ECOWAS Commission President James Victor Gbeho dies at 91
3 minutes -
Weija Lake pollution fears as floodwaters wash illegal landfill waste into water source
11 minutes -
NACOC partners GJA to combat substance abuse and illicit drug trafficking in Ghana
14 minutes -
Football’s greatest legends prepare for their final World Cup
15 minutes -
Sammi Awuku questions whether GTA board chair Gertrude Donkor meets Tourism Act private sector requirement
19 minutes -
Providence turns red, gold and green as Tribe Culturefest ignites Ghana’s World Cup fever
19 minutes -
Asantehene to attend tribe Culturefest’s fan festival at Toronto’s Sankofa Square
22 minutes -
Former Chief Justice Sophia Akuffo resigns from the Council of State
2 hours -
Health workers struggle to contain Ebola in Congo camps as distrust grows
2 hours -
Richie Mensah unveils ‘The Octave’ as latest addition to Lynx Electronics family
2 hours -
Motorists, pedestrians alarmed over faulty streetlights on Achimota Forest stretch
2 hours -
Bank of Ghana orders financial institutions to stop supporting foreign currency crypto wallets
3 hours -
Former Upper West Minister Backs Dr Issahaku Moomin for NPP Treasurer Position
4 hours -
Legal Education Reform: Assafuah questions possible return of entrance exams under new bar training system
5 hours -
2026 Apostolic Visitation commences at Cedar Mountain Chapel
5 hours