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
-
USTED dean warns GAUA strike could disrupt Ghana’s restored academic calendar
4 minutes -
Bechem meat processing factory 50% complete, set for March 2027 completion – Kwakye Ofosu
17 minutes -
Titus Glover criticises Mahama’s appointment of Afi Agbenyo as EC Deputy Chairperson
23 minutes -
GoldBod initiative has created over 1,300 public and private sector jobs – Sammy Gyamfi
26 minutes -
Financial wellness key to retaining Ghana’s skilled workforce – Merban Capital CEO, Benjamin Ackah-Nyamike
28 minutes -
Sidney Nii Oko Bampoe & Isaac Akuetteh Addo
35 minutes -
Haruna Iddrisu calls for ‘Big Push’ investment in health, education, sports and agriculture
35 minutes -
Ghanaian youngster Prince Amoako Jnr reaches new milestone with FC Nordsjælland
38 minutes -
Ho Teaching Hospital to get cardiology centre under Ghana Medical Trust Fund
40 minutes -
PAC pushes for effective use of GH¢25m by Tree Crops Development Authority
42 minutes -
UK MEET Fellowship challenges journalists to look beyond AI hype
45 minutes -
Kurt Okraku’s regime has ‘failed to perform’ – Kudjoe Fianoo demands resignation of GFA Executive Council
45 minutes -
Afenyo-Markin’s influence is limited by minority numbers in Parliament – Haruna Iddrisu
47 minutes -
Police administration is doing a yeoman’s job – President Mahama
50 minutes -
GoldBod tells PAC Bank of Ghana authorised its foreign exchange transactions
50 minutes