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
-
Dr Bawumia urges Muslims to embrace sacrifice, compassion and unity during Eid-al-Adha
7 minutes -
Eid should be an opportunity to strengthen unity, peace – Muntaka
35 minutes -
African Forest Forum, AGRA and Ethiopian Forest Development push for deforestation-free trade and green jobs
1 hour -
MoMo-to-Bank charge is not E-Levy in any form—Dafeamekpor
1 hour -
Outstanding teacher and nurse arrears to be paid in four instalments – Controller and Accountant-General
1 hour -
African Climate Foundation calls for Africa-led climate action amid growing climate threats
1 hour -
Defection as a tool of conflict: Riyadh’s movements in Sudan come to light
1 hour -
‘You are not refugees’ — Ablakwa outlines support ahead of Ghana evacuees’ arrival from SA
1 hour -
Dafeamekpor confirms Ohene Kwame Frimpong under fraud and money laundering investigation in Netherlands
1 hour -
Bail application filed for detained MP Ohene Kwame Frimpong — Dafeamekpor
2 hours -
Only Parliament can impose taxes and levies — Dafeamekpor
2 hours -
Mystic Twins Foundation continues to bring hope to marginalized communities
2 hours -
Dafeamekpor confirms NDC still pursuing election petition involving wife’s constituency
2 hours -
Dafeamekpor explains why he keeps family life private despite wife’s political career
2 hours -
Kwame Dadzie: Don’t spend government’s GH¢5 million to film sector
3 hours