The Secondary bond market activities picked up last week, rising 67% week-on-week to GH¢1.67 billion, with treasury bills leading trade volumes.
The general category bonds saw decent activity, driven by February 2028 and February 2030 bonds.
This accounted for 68% of total trades at an average Yield-To-Maturity of 25%.
Overall, the 2027–2030 maturities made up 77% of trades at an average YTM of 25%. The 2031–2038 maturities accounted for 23%, with the average YTM easing to 26%.
Analysts expect stronger demand at the shorter end of the yield curve as investors position ahead of the national budget reading scheduled for March 11, 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.
Latest Stories
-
Adwumawura programme fully funded to ensure sustainability – Mahama
28 minutes -
Energy Minister denies labelling Tamale residents as power thieves
30 minutes -
Jeffery Nkrumah denies allegations, takes legal action against Ghana Athletics and media houses
32 minutes -
Kumasi High Court dismisses NDC petition against 3 parliamentary seats in A/R
48 minutes -
Akatsi South MCE appeals for further support as rainstorm victims receive relief items
51 minutes -
Late Nigerian gospel musician Osinachi’s husband sentenced to death by hanging
59 minutes -
Ghana rolls out chip-embedded passports with 30% fee reduction
1 hour -
Report Forex Bureaux not issuing receipts – GAFORB
1 hour -
Gov’t reaffirms it’s commitment to empowering Ghanaian youth
1 hour -
‘Let your dreams take flight’ – Mahama tells Ghanaian youth
1 hour -
Prioritise talent development and women inclusion – Sports Minister to new GOC leadership
2 hours -
Lack of SHS boarding facilities forcing students to stay with boyfriends
2 hours -
TUC urges gov’t to pass Occupational Safety, Health and Environment Bill
2 hours -
OSP files criminal charges against Charles Bissue over alleged IMCIM corruption scandal
2 hours -
Recovering drug addict appreciates Church of Pentecost for helping him
2 hours