Audio By Carbonatix
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.
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
-
Benin coup attempt foiled by loyalist troops, interior minister says
2 minutes -
CRAG hails National Farmers’ Day, calls for accelerated action to achieve rice self-sufficiency
18 minutes -
Mahama calls for transformational education at 2025 Doha Forum
28 minutes -
Ghana must produce more technicians to curb youth unemployment – Mahama
31 minutes -
Netflix to buy Warner Bros film and streaming businesses for $72bn
46 minutes -
Death toll from devastating Indonesia floods passes 900
2 hours -
Obuasi Bitters CEO rebuilds Pomposo school block
2 hours -
Family Health University graduates 318 healthcare professionals
2 hours -
Legendary Yaw Sarpong’s backing vocalist Maame Tiwaa passes on
3 hours -
Two suspects arrested in coordinated robbery attacks at Nkasiem
3 hours -
Tiwaa of Yaw Sarpong and Asomafo dies
3 hours -
Amedzofe Canopy Walkway temporarily closed after structural incident
3 hours -
Dr Ibn Chambas calls for Africans to ‘defend their dignity’
3 hours -
Let’s treat persons with disabilities right – GHS staff urged
4 hours -
Soldiers in Benin say they have seized power from President Talon
4 hours