Audio By Carbonatix
Activities in the secondary bond market improved by 38.1%, increasing to GH¢1.22 billion from GH¢886 million in the previous week.
The February 2032 and February 2033 maturities attracted the most interest and accounted for 43.02% of the total volume traded, recording average yields to maturity (YTM) of 23.81% and 23.69%, respectively.
Overall, maturities at the lower end of the local currency yield (LCY) curve constituted 47.48% of the trade volume, with an average YTM of 27.12%.
Meanwhile, the belly and tail end of the curve contributed 50.98% and 1.54% of the total trade volume, with average YTMs of 26.52% and 30.47%, respectively.
Analysts expect trading activities to remain concentrated at the short end of the LCY curve, with minor trades occurring at the belly this week.
Latest Stories
-
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
54 minutes -
Two dead in 50-vehicle pile up on Japan highway
1 hour -
Fearing deportation, Hondurans in the US send more cash home than ever before
1 hour -
New York blanketed in snow, sparking travel chaos
1 hour -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
5 hours -
Arsenal in ‘survival’ mode as ‘sensational’ Raya save keeps them top
6 hours -
‘Wizkid is my boy, I accommodated him years ago’ – American rapper, Wale
6 hours -
[Video] ‘I don stop to dey give belle anyhow’ – 2Baba confesses
6 hours -
‘No artist is wack, every music is tailor-made’ – 2Baba
6 hours -
[Video]Timaya falls on stage while trying to lift plus-sized woman during performance
6 hours -
Family cremates wrong body after hospital mistake in Scotland
7 hours -
Kennedy Center seeks $1m from musician who cancelled after Trump name added to venue
7 hours -
Nine arrested in Italy for allegedly raising millions for Hamas
7 hours -
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
8 hours -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
9 hours