The secondary bond market was lively last week there were trades across nearly all tenors of the new bond.
Total market turnover increased by 298.4% week-on-week to ¢218.80 million.
According to the result, the 2027- 2030 bond maturities garnered significant interest.
Bond prices recorded marginal increases as the restructured bonds held by pension funds settled last week.
The yields at the short end of the LCY curve lost an average of 169 basis points week-on-week to 12.87%, while the longer end declined 121 basis points week-on-week to 12.89%.
Analysts expect the market to remain lively, as pension fund managers continue to allot the recently settled bonds to various portfolios.
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
-
11-year-old boy shoots teenagers after row at American football practice
2 mins -
Naira Marley in police custody over Mohbad’s death
15 mins -
Ebenezer Owusu: 21st Century AFCON Trophy for Ghana -Breaking the over 40-year trophy plague
46 mins -
At least 21 dead as Venice bus plunges from bridge
1 hour -
US: Kevin McCarthy ousted as House Speaker in historic vote
1 hour -
SSNIT pays ¢372.87m to 241,675 pensioners in September 2023
2 hours -
Check out these 30 photos from the #OccupyBoG demonstration
2 hours -
UCL: Manchester United lose at home to Galatasaray
2 hours -
Dialysis crisis: Nephrologist advises on what to do to avoid ‘artificial’ kidneys
2 hours -
UCL: Arsenal lose to Lens in France
2 hours -
UCL: Jude Bellingham scores again as Real Madrid beat Napoli
2 hours -
Trumpet Akufo-Addo-Bawumia achievements rather than attacking Alan – Patriotic Intellectuals to NPP
2 hours -
Investing in STEM vital for national development – Oppong Nkrumah
3 hours -
‘We hate losing’ – Guardiola expects Man City reaction
3 hours -
Policing in Ghana: Introspections, challenges and prospects
3 hours