Audio By Carbonatix
The secondary bond market staged a strong rebound this week, with total turnover inching up 4179.25% week-on-week to GH¢1.599 billion, from GH¢37.37 million the previous week.
Trading was heavily skewed toward the February 2032 paper, which accounted for GH¢475.29 million in trades executed.
The 2031–2034 segment remained the market anchor, capturing 77% of total turnover at a weighted-average yield of 15.68%.
The 2027-2030 maturities saw modest investor interest, accounting for 13.1% of trades at a weighted average yield of 15.32%.
Meanwhile, the 2035–2038 bucket accounted for 9.9% of traded volumes, clearing at a weighted-average yield of 15.84%.
“We expect trading volumes to remain firm this week, supported by improved liquidity and renewed investor interest following last week’s rebound”, Databank Research said.
It anticipates market sentiment to be shaped by expectations of the upcoming IMF disbursement, with confidence further strengthened by the recent Monetary Policy Rate (MPR) cut.
Latest Stories
-
More federal agents to be sent to Minnesota, Trump administration says
36 minutes -
Chalamet beats DiCaprio to Golden Globes glory
46 minutes -
Pro-Bawumia group launched in Belgium ahead of NPP primaries
57 minutes -
Mahama departs for World Economic Forum
1 hour -
Photos: Star glamour on the Golden Globes red carpet
1 hour -
US film stars Meagan Good and Jonathan Majors become Guinea citizens after DNA tests
2 hours -
He once criticised African leaders who cling to power. Now Museveni wants a 7th term
2 hours -
Malaysia and Indonesia block Musk’s Grok over sexually explicit deepfakes
2 hours -
US Justice Department opens criminal probe into Fed chair Jerome Powell
2 hours -
Meta blocks 550,000 accounts under Australia’s social media ban
2 hours -
Golden Globes 2026: The full list of winners and nominees
3 hours -
Asake reconciles with father, baby mama after viral accusations of abandonment
6 hours -
Wizkid becomes first African artist to surpass 10 billion streams on Spotify
6 hours -
Actor Yomi Gold hospitalised in Morocco after sudden health scare
6 hours -
Sabalenka beats Kostyuk to win third Brisbane title
6 hours