Audio By Carbonatix
Market activity on the bond market was very slow last week.
According to trading results, investors continued to narrow their view on the secondary market with only five Government of Ghana (GoG) bonds trading on the Ghana Fixed Income Market (GFIM).
However, aggregate turnover rose 281.67% to ¢237.81 million as the February 2037 paper moved most volumes. It accounted for 91.44% of total face value traded.
Due to limited market activity, there was not much price action on the secondary market, as most trades were around par levels.
Analysts expect market activity to bounce back after the payment-in-kind valuation challenges on the new bonds are resolved.
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
-
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
12 minutes -
FDA urges consumers to prioritise safety when purchasing products during festive season
16 minutes -
President Mahama calls for single-digit interest rates on agricultural loans
30 minutes -
President Mahama urges Ghanaians in formal jobs to take up farming
39 minutes -
Farming interventions paying off, lifting incomes and food security, says Agric minister
55 minutes -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
1 hour -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
1 hour -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
1 hour -
Photos: Ghana celebrates 41st National Farmers’ Day
1 hour -
2025 Farmer’s Day: Farmers demand a 2% interest rate on loans to boost farming activities
1 hour -
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
2 hours -
Lions celebrate International Volunteer Day with over decades of service and impact
2 hours -
3 dead, dozens injured in Mampong Abuontem head-on collision
2 hours -
MoFFA shuts down several Eastern Region mortuaries over poor sanitation, non-compliance
2 hours -
Domestic violence case: John Odartey Lamptey remanded over alleged brutal assault on wife
2 hours