Audio By Carbonatix
The secondary bond market activity slowed by 5.35% to GH¢886 million last week, down from GH¢1.21 billion in the previous week.
There were observed minor clips of trade across all tenors, alongside four repo transactions.
The February 2027 and February 2032 maturities accounted for 64.09% of the total volume traded, with average Yield-To-Maturities (YTM) of 24.31% and 27.20%, respectively.
Overall, maturities from 2027 to 2030 made up 45.74% of market activity, with an average YTM of 26.25%.
The 2031–2034 and 2035–2038 maturities contributed 53.88% and 0.38%, with an average YTM of 27.08% and 28.83% respectively.
With the recent settlement of GH¢888 million in cocoa bonds and US$11.5 million in coupon payments on local US bonds, analysts expect trading activity to ramp up in the coming days, with major trading activities likely concentrated at the shorter end of the LCY curve.
Latest Stories
-
Captain Van Dijk wants ‘so important’ Salah to stay
39 minutes -
SMS must deliver in 5 seconds – NCA issues new mobile service targets
49 minutes -
NCA orders telcos to extend network coverage beyond district capitals
1 hour -
African Union summit clouded by Saudi-UAE rivalry in Horn of Africa
2 hours -
No more excuses – NCA rolls out stricter mobile service standards
2 hours -
Call drops must fall below 1% – NCA raises bar for telcos
2 hours -
China to implement zero tariffs on imports from 53 African countries
4 hours -
Tunisian police detain opposition figure Olfa Hamdi at airport
4 hours -
US deports 9 to Cameroon despite court protections, NYT says
5 hours -
Mali renews Barrick Mining’s Loulo license for 10 more years
5 hours -
Gender pay gap won’t close for another 30 years, warns UK trade unions group
5 hours -
No free pass for internet platforms on child safety, Starmer says
5 hours -
Andrew’s time as trade envoy should be investigated, says Vince Cable
5 hours -
‘Trump will be gone in three years’: Top Democrats try to reassure Europe
6 hours -
Cuban cigar festival called off as US blockade worsens energy crisis
6 hours