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.
Latest Stories
-
Number of e-zwich cardholders hits 3.625m
5 mins -
No delegates from Afghanistan, Myanmar, San Marino at COP28
28 mins -
Rugby: South Africa men and Australia women claimed the first titles of HSBC SVNS 2024 with victory in Dubai
48 mins -
PwC Quarterly Banking Report: Absa Bank Ghana was most profitable bank in quarter 3, 2023
56 mins -
NPP primaries: OSP declares 6 wanted over alleged vote buying, inducement and others
57 mins -
Joao Felix helps Barcelona beat parent club Atletico Madrid
59 mins -
Jaime Munguia to face former Canelo Alvarez opponent John Ryder on January 27
1 hour -
Ghana scores below Sub-Saharan Africa average on global comparison of tax regimes
1 hour -
First-year SHS students to report to school today
1 hour -
We’ll win majority of orphan constituencies – Bawumia
1 hour -
Today’s front pages: Monday, December 4, 2023
2 hours -
T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%
2 hours -
Five Ghanaian journalists share their experiences at QNET’s V-CON in Malaysia
2 hours -
Canon Central and North Africa unveils remarkable Sales Growth Milestones at Inaugural ‘Executive Circle’ Conference
2 hours -
We’ve demonstrated we can bring progress and prosperity to Ghanaians – Akufo-Addo
6 hours