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
-
Huge anti-government protests in Tehran and other Iranian cities, videos show
3 hours -
Write For World initiates project to mitigate climate change, curb unemployment
4 hours -
Sod cut for Community Library and Museum in Dzelukofe
5 hours -
Algeria apologises after player mocks Congolese superfan dressed as pan-African hero
5 hours -
Trump withdraws US from key climate treaty and dozens of other groups
5 hours -
Minnesota officials say FBI blocked their access to ICE shooting probe
5 hours -
Two wounded in shooting involving federal agents in Portland
6 hours -
Legal Green Association reviews first year of Mahama administration, cites economic relief and governance reforms
6 hours -
Technical Students’ Union kicks against Scholarship Authority Board over absence of student representation
6 hours -
Tanyigbe royal houses challenge the legitimacy of Togbega Kodi Adiko VI
6 hours -
Gender Ministry warns public against fake GH¢1,350 ‘National Family Support Allowance’ scam
6 hours -
Vice President opens 93rd Jalsa Salana in Gomoa, reaffirms gov’t commitment to inclusive development
7 hours -
Five remanded after pleading guilty in assault of Kade SHTS tutor
7 hours -
Police arrest two more suspects in Adabraka Gold shop heist
8 hours -
Arise Ghana to picket at American Embassy demanding repatriation of Ken Ofori-Atta
8 hours