Audio By Carbonatix
The secondary bond market declined by 22.73 percentage points to GH¢403 million last week.
This is down from GH¢522 million the previous week.
The shorter end of the yield curve dominated trading, with maturities from 2027 to 2030 accounting for 65% of total trades at an average yield to maturity (YTM) of 27%.
The maturities from 2031 to 2034 comprised 35% at an average YTM of 28%.
Analysts expect a quiet session next week, with only minor repo trades for collateral purposes, as investor interest in T-bills grows.
This is due to their attractive yields and safety compared to the bond market.
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.
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
-
We need to pray for GoldBod – Duncan-Williams
19 minutes -
Strong favourites or tougher task – will Arsenal defend their title?
52 minutes -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
55 minutes -
Ariana Grande leaves problems at home as her tour hits the UK
1 hour -
Multiple suspects at large after five shot at Virginia State University, police say
1 hour -
Three killed as Russia launches fresh aerial attacks across Ukraine
1 hour -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
2 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
5 hours -
GMet warns of severe rainstorm across northern Ghana
6 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
6 hours -
Health Ministry reviews NDC manifesto commitments
7 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
8 hours -
Labour backs proposed IPEC but demands full involvement in pay reforms
8 hours