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
-
God does not take campaign instructions
39 minutes -
Government moves to address rising accommodation costs at KNUST
39 minutes -
Cristiano Ronaldo marries longtime love Georgina Rodríguez in Portugal
59 minutes -
Political parties, judiciary must reform themselves to protect Africa’s democracy – Asiedu Nketia
1 hour -
Luv FM High School Debate: T.I AMASS advances as IBASS makes impressive debut
1 hour -
Greater Accra Business Merit Awards honours SIM Group of Companies
1 hour -
Cyberbullying : When social media becomes a tool for public humiliation
1 hour -
Awerco Construction hands over 130-bed Weija Paediatric Hospital to Health Ministry
1 hour -
YEA to migrate personnel on public sector salary structure – CEO
1 hour -
I won’t be part of this selective justice – Atta Akyea rejects Adu-Boahene trial during legal vacation
1 hour -
GBA has no business responding to law firms’ petitions – Dafeamekpor
2 hours -
Is Legal Vacation intended for the Bench or the Bar?
2 hours -
NPP accuses Chief Justice of partisan bias over vacation trial warrants
2 hours -
Political parties must stop being ‘seasonal electoral machines’ – Asiedu Nketia
2 hours -
Jatikay Centre backs National Security reorganisation, urges focus on emerging threats
2 hours