Audio By Carbonatix
The secondary bond market rebounded last week, recording an increase in total volume traded.
Total market turnover expanded by 18.78% to ¢90.40 million.
The upturn in overall market activity followed increased transactions across the new bonds.
The 7-year new bond (maturity: Feb-2030) registered two major trades. It contributed 89% of the week’s aggregate turnover.
Bond prices at the shorter end of the LCY curve declined an average of 2% week-on-week, while the belly and tail parts declined 14% and 13%, respectively.
Analysts believe the large target size for treasury bills auction will likely continue to present a downside to bond market activity this week.
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
-
OMJ Foundation boosts BECE prospects in Akuapem South with transformative intervention project
2 minutes -
Central banking: Safeguarding Ghana – not chasing profit
6 minutes -
Silent Strategist: IGP Yohuno’s performance comes as no surprise
9 minutes -
Trump says US to ‘guide’ stranded ships through Strait of Hormuz
13 minutes -
Nigeria plans to repatriate nationals willing to leave South Africa after attacks
13 minutes -
Samsung family pays off record $8bn inheritance tax bill
14 minutes -
Afenyo-Markin urges BECE candidates to avoid examination malpractice
14 minutes -
We don’t earn anything representing Ghana – Saminu fires back
15 minutes -
New alliances shakes up Nigerian political landscape
16 minutes -
Ghana’s 2026 press freedom ranking positive but not impressive – MRi
16 minutes -
The group of X platform content creators has no political affiliation – BoG clarifies
30 minutes -
Vice President urges BECE candidates to stay confident and honest
38 minutes -
Ukrainian drone hits upmarket Moscow high-rise ahead of Victory Day celebrations
40 minutes -
‘He’s an amazing player’ – Kofi-Kyereh on playing with Thomas Partey
1 hour -
Experts debate Bank of Ghana losses and policy impact on Super Morning Show
1 hour