Audio By Carbonatix
Total market turnover on the bond market declined by 7.01% week-on-week to ¢1.09 billion
According to reports, investors sustained strong trading activity on the bond market despite the decline in market turnover.
Trades were largely across the near-term maturities, particularly with the February 2027 (Coupon: 8.35%) and Feb 2028 (Coupon: 8.50%) jointly constituting 90% of the market turnover.
Bond yields increased an average of 8 basis points across the 2027-2030 bonds to settle at 21.20%, while the 2031-2034 papers retreated to 15.95% (-9bps).
Analysts expect trading to remain lively, while investors digest Government of Ghana’s budget to see the direction of the economy.
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
-
Armwrestling Supermatch: Sackey, Acquah and Yeboah thrill fans in Accra
39 minutes -
Sweden to invest $1.6 billion in air defence systems
46 minutes -
GPL 2025/26: John Antwi scores in Dreams’ hammering of Heart of Lions
51 minutes -
GOC, CSG unveil four-year strategic plan for sustainable sporting success
52 minutes -
Bride and groom killed by gas explosion day after Pakistan wedding
57 minutes -
Hollywood stars battle for trophies at Sunday’s Golden Globes
1 hour -
No Ghana Card, no forex transaction —Government announces new measures in anti-money laundering drive
1 hour -
Trump tells Cuba to ‘make a deal, before it is too late’
1 hour -
Barcelona beat Real Madrid to retain Spanish Super Cup
2 hours -
Sex schedules and curiosity: How I keep my relationship alive
2 hours -
I’m having second baby from the same donor – but I don’t know what he looks like
2 hours -
JoyNews’ Razak Musbau honored by Obuasi Cricket Academy
3 hours -
Akufo-Addo praises NPP election committee for transparent primary process
3 hours -
Tema NDC grassroots hail Mahama for securing a strategic partner for VALCO
3 hours -
GPL 2025/26: Kotoko frustration grows after stalemate Berekum Chelsea
3 hours