Audio By Carbonatix
The Secondary bond market activity slowed down last week.
The total volume traded declined sharply by 32.36% week-on-week to GH¢772.30 million.
The substantial drop in market turnover was largely driven by subdued activity across the near-term maturities, which declined 60% week-on-week to GH¢294.53 million.
Investors switched focus to the 14-year bond (maturity: Feb-2037), which drove the market at the tail of the Lower Currency (LCY) yield curve.
This contributed 30% of the total volume traded.
Analysts expect the bond market to find some support in the end-of-month portfolio adjustment by most pension funds, which may likely improve market volumes
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
-
Five-year-old boy dies after getting caught in ski travelator
1 hour -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
1 hour -
Children should be protected from home fires – GNFS
1 hour -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
2 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
2 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
2 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
2 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
3 hours -
2025 in Review: Fire, power and the weight of return (January – March)
3 hours -
Washington DC NPP chairman signals bid for USA chairmanship
3 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
3 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
4 hours -
Sammy Gyamfi to address alleged losses under gold for reserves programme on Jan 5
4 hours -
BoG–GoldBod $214m hit is design failure, not market loss – Minority
4 hours -
Festive season sees minor fires, but domestic cases hit 15–20 daily – GNFS
4 hours