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.
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