Audio By Carbonatix
The secondary bond market regained steam last week, as trading in Government of Ghana (GoG) papers reached ¢1.17 billion.
This represented 11.86% growth week-on-week.
Investors exchanged 78% of the aggregate volume traded across the front end of the Local Currency Yield curve.
On average, bond yields held steady on the market, with the 2027- 2030 weighted average yield gaining a basis point to 21.12.
Analysts expect trading to remain active across the shorter-dated bonds, while investors look forward to GoG’s budget for 2024 this week.
A promising 2024 Budget is expected to boost trade on the market.
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
-
Abrupt changes to US green card process trigger widespread confusion and anxietyÂ
8 minutes -
‘I’m excited for their future’ – Boye-Hlorkah impressed by Black Maidens after Liberia win
14 minutes -
Uganda’s Ghetto Kids to perform with Shakira at 2026 FIFA World Cup halftime show
15 minutes -
Senegal president’s dissolution of government signals high-stakes pivot to IMF
21 minutes -
Senegal’s leadership row mounts as parliament speaker resigns
27 minutes -
Respect rule of law, protect rights to safeguard democracy — Abu Jinapor
28 minutes -
Clashes as Venezuelan prisoners protest over alleged mistreatment
29 minutes -
My mission is to rebuild NPP around its founding values — Richard Ahiagbah
31 minutes -
Indian billionaires buy foreign companies as growth slows at home
33 minutes -
We’ll support 24-hour economy if it is properly structured — Baffour Awuah
40 minutes -
Kenya police shake up president’s protection team after security breach
43 minutes -
2026 World Cup: Lamine Yamal leads Spain squad for tournament
43 minutes -
At least 19 people taken to hospital after ‘strong smell’ reported at Tokyo mall
45 minutes -
There is no fight against galamsey under NDC – Baffour Awuah
51 minutes -
CIMAG welcomes Ghana’s exit from IMF programme, predicts growth for maritime sector
55 minutes