Audio By Carbonatix
Market activity on the bond market rebounded sharply, as total volumes of Government bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme.
According to trading results, total turnover of Government of Ghana bonds rose 93.5% to ¢1.33 billion.
The October 2024, June 2025, November 2026 and June 2028 papers drove market activity, accounting for 41.34% of aggregate market volume.
Analysts expect muted market activity this week as the market awaits the announcement and settlement of the Domestic Debt Exchange.
The government confirmed it has secured over 80% participation in the DDEP.
In a statement, it said the “Government’s Domestic Debt Exchange Program (DDEP) closed on Friday February 10, 2023 with over 80% participation of eligible bonds. The government wants to thank the people of Ghana for their forbearance and support throughout these very difficult times”.
It however maintained that the programme is voluntary, insisting that persons that have challenges have the option not to participate in the programme.
Latest Stories
-
Wa West Agric Director calls for stronger gov’t support after difficult farming year
40 minutes -
‘Agriculture isn’t only for village folks’ — President Mahama pushes professionals to take up farming
42 minutes -
82-year-old man emerges overall National Best farmer for 2025
58 minutes -
Calls grow for stronger oversight as free trade and lax regulation fuel fake medicines
1 hour -
World Cup 2026: Tuchel keeps group stage opponents under wraps, shuns Ghana
2 hours -
Volta Region received a significant share of Big Push road projects – Mahama
2 hours -
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
3 hours -
FDA urges consumers to prioritise safety when purchasing products during festive season
3 hours -
President Mahama calls for single-digit interest rates on agricultural loans
3 hours -
President Mahama urges Ghanaians in formal jobs to take up farming
3 hours -
Farming interventions paying off, lifting incomes and food security, says Agric minister
3 hours -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
4 hours -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
4 hours -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
4 hours -
Photos: Ghana celebrates 41st National Farmers’ Day
4 hours