Audio By Carbonatix
Activity on the local secondary bond market was down by 42.33% from the previous week.
According to trading results, the aggregate volume traded was worth ¢1.19 billion.
The new bonds at the front of the Lower Currency (LCY) yield curve drove market activity, attracting 61.76% of the total volume traded.
At the close of the trading week, the average yield on the 2027-2030 papers advanced by 56 basis points to 18%.
Analysts expect trading to remain positive as recent economic data improves investor sentiment on a gradual recovery in 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
-
Afenyo-Markin’s influence is limited by minority numbers in Parliament – Haruna Iddrisu
1 minute -
Police administration is doing a yeoman’s job – President Mahama
4 minutes -
GoldBod tells PAC Bank of Ghana authorised its foreign exchange transactions
4 minutes -
GCB customers call for more frequent engagement with bank leadership
9 minutes -
Dark Signals: The death trap of non-functioning traffic lights along Asokwa-Aputuogya Road
11 minutes -
80–90% of gold purchased and exported is now refined in Ghana– Sammy Gyamfi
29 minutes -
Dichemso M/A teachers go house-to-house to get absent pupils back to class after strike suspension
32 minutes -
Meet Dr Hazel and Nhyira: Mother and daughter called to the Ghana Bar
34 minutes -
Black Star Fashion Week: Can Ghana turn the runway into a tourism attraction?
35 minutes -
Ghana sends 61 health workers to Grenada under Labour Export Programme
47 minutes -
Central banks should avoid reacting too strongly to headline inflation – IMF
54 minutes -
Kumasi: One injured, shops destroyed in Atasemanso fire in Kumasi
1 hour -
Global economy proving resilient, growth projected at 3.1% in 2026 – IMF
1 hour -
NDC targets all 6 parliamentary seats in Ahafo Region for 2028
1 hour -
Ghana targets thousands of overseas nursing jobs under Labour Export Programme
1 hour