The Secondary bond market activity decreased sharply by 51.67% week-on-week, down GH¢483 million from GH¢999 million the previous week.
This was primarily due to the Islamic holidays.
Trade in the general category of maturities was modest, with the February 2030 maturity leading at an average yield to maturity (YTM) of 23.5%.
The shorter end of the local currency yield curve accounted for 51% of trading activity, averaging a YTM of 23%.
On the other hand, the belly to tail end represented 49% of trades at an average YTM of 22%.
Analysts expect secondary bond market activity to remain subdued in the coming weeks as investors cautiously await clearer economic signals and the outcome of the International Monetary Fund review.
They anticipate low trading volumes until market confidence improves.
Latest Stories
-
Indians urge Turkey boycott amid regional tensions
12 seconds -
GNPC Ag. CEO outlines strategic upstream reset at Africa Energies Summit
5 minutes -
Speak Up Africa galvanises private sector engagement to accelerate malaria-elimination efforts
14 minutes -
Delegates walk out of Fifa congress after Infantino arrives late from Trump trip
24 minutes -
The Potential of Local Foods in Hypertension Prevention and Treatment
32 minutes -
African Women’s Futsal: Morocco and Tanzania make continental history, awaiting global stage
42 minutes -
Swift action in the first minute after birth saves more newborn lives, KNUST study confirms
1 hour -
KNUST partners Oregon State University to study galamsey impact
1 hour -
Rafiatu Nuhu sets new national record in women’s 400m
1 hour -
Ghana Immigration Service carries out operation targeting undocumented migrants
1 hour -
Tema MCE initiates emergency repairs on deplorable harbour road
2 hours -
GH¢1m saved as NSA purges payroll of 2,000 ghost workers
2 hours -
‘If I were the president, I would have sacked Sammy Gyamfi right away’ – Kennedy Agyapong
2 hours -
Mahama nominates 4 more MDCEs in Accra
2 hours -
Today’s Front pages: Friday ,May 16, 2025
2 hours