Audio By Carbonatix
Activities in the secondary bond market slowed last week, declining 44.85% to GH¢1.01 billion.
This is because investors shifted focus to money market instruments.
General category bonds saw decent trading, led by February 2030 and February 2034 maturities, which accounted for 37% of total trades at an average Yield-To-Maturity of 26%.
Overall, 2027–2030 maturities made up 44% of trade concentration at an average YTM of 26%.
The 2031–2038 maturities dominated with 56% at an average YTM of 27%.
Analysts expect trading activity to remain subdued next week as markets turn cautious ahead of economic updates, with President Mahama set to deliver his first State of the Nation Address on Thursday, February 27, 2025.
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
-
Man Utd ruled out signing Osimhen ‘because of Afcon’
4 hours -
South African TV personality who planned to take his life dies aged 61
4 hours -
At least 169 people killed in South Sudan ‘surprise’ attack
4 hours -
Anglican divisions deepen as rebel clerics pick rival to first female leader
4 hours -
Leeds say boos during Ramadan pause ‘disappointing’
4 hours -
Premier League deletes Vicario social media post
4 hours -
Real Madrid beaten at home by Getafe for second successive loss
5 hours -
‘Clubs refused to look at me after my crash’ – Antonio on Qatar move
5 hours -
Mayweather to fight kickboxer before Pacquiao rematch
5 hours -
India and Canada reset ties with ‘landmark’ nuclear energy deal
5 hours -
Mahama should equally credit NPP for economic stability – Economist
5 hours -
Mbappe has knee sprain with no surgery planned
5 hours -
Interior Ministry releases funds to settle 2025 rent allowance arrears for security services
6 hours -
Ghana evacuates diplomatic staff from Iran; embassy shut indefinitely — Ablakwa
6 hours -
France to boost nuclear arsenal and extend deterrence to European allies
6 hours