Audio By Carbonatix
The secondary bond market activity was subdued last week.
This is coming as investors hung on the fence to assess the cash coupon payments on the new bonds.
The aggregate market turnover declined sharply to ¢17.34 million, a decline of 80.81%.
This is partly on the back of contraction in trades across the 2027-2030 maturities of the new papers.
Similarly, bond prices registered steady upticks, responding to the coupon payments by the government.
Analysts expect the end-of-month portfolio adjustments by pension funds and other asset managers to augur well for 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
-
Landfilling waste management creates no value, it’s an economic waste
21 minutes -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
36 minutes -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
41 minutes -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
57 minutes -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
59 minutes -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
2 hours -
Women and children among those killed in Sudanese army shelling of wedding celebration
2 hours -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
2 hours -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
2 hours -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
2 hours -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
2 hours -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
3 hours -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
3 hours -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
3 hours -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
3 hours