Audio By Carbonatix
The secondary bond market exhibited a relatively subdued atmosphere compared to the previous week.
This was due to the rising inflation which has prompted investors to exercise further caution in biding long positions in Government of Ghana bonds.
Total market turnover consequently declined 98.85% week-on-week to ¢4.81 million.
This was largely from minor transactions across the old bonds.
The LCY curve tilted northward at the front, gaining an average of 328 basis points to 16.06%,
Analysts perceive a slight increase in market activity this week as investors gear up for the upcoming coupon payments.
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
-
US Visa Suspension: Abu Jinapor warns of diplomatic drift as Ghana–US relations face strain
57 minutes -
NPP flagbearer race: Bawumia stands tall—Jinapor
1 hour -
Akufo-Addo neutral in NPP flagbearer contest—Abu Jinapor
1 hour -
NPA commends Tema Oil Refinery for swift return to full operation
1 hour -
No 24-hour shift in 2020 – Ghana Publishing clarifies former MD’s claim
1 hour -
Ghana U20 midfielder Hayford Adu-Boahen seals five-year deal with FC Ashdod
2 hours -
Fuel prices set to go down marginally at pumps from January 16
2 hours -
Measured diplomacy, not hot-headed statements, should guide Ghana’s foreign policy – Abu Jinapor
2 hours -
Galamsey fight unsatisfactory – Abu Jinapor slams government
2 hours -
We need to move away from religion and tribal politics – Abu Jinapor
2 hours -
Iran judiciary denies plan to execute detained protester Erfan Soltani
2 hours -
Swiss bar employee who reportedly held sparkler unaware of dangers, family says
2 hours -
European military personnel arrive in Greenland as Trump says US needs island
2 hours -
Gushegu MP Alhassan Tampuli hands over rebuilt girls’ dormitory, expands scholarship scheme
3 hours -
UNESCO delegation pays working visit to GIFEC
3 hours