Audio By Carbonatix
The secondary bond market came alive in the late sessions of last week.
According to trading results, the total volume traded recorded a notable increase of 351.75% week-on-week to ¢439.75 million.
Instructively, the February 2029 new bond drove the market, accounting for 89% of the aggregate volume traded in the market.
Again, the 2027-2030 instruments recorded an estimated 4.14% increase in average price, reflecting the decrease in average yields to 12.82% (-9 basis points).
The 2031-2034 and 2035-2038 estimated average yields also settled at 14.03% (+99 basis points) and 14.66% (+8 basis points).
Analysts perceived Moody’s upgrade of Ghana’s local currency long-term issuer rating to Caa3 to outweigh the mild upturn in inflation and keep the secondary bond market lively this week.
Latest Stories
-
Only 35% of 2026 BECE candidates score aggregates 6–24 – CSSPS
46 seconds -
Only 17% of 2026 BECE candidates score aggregates 6–18 – CSSPS
2 minutes -
55,000 BECE candidates to miss SHS placement after failing English or Mathematics — CSSPS
2 minutes -
African pension funds back CardinalStone’s US$76m private equity fund targeting West African SMEs
4 minutes -
2026 National Cyber Security Awareness Month launched to build digital trust
20 minutes -
Ghana’s Constituency Games at a governance crossroads
39 minutes -
CSSPS placement results to be released tomorrow – Education Ministry
57 minutes -
His Excellency Professor Yaw Safo Boafo
58 minutes -
NSA Board Dissolution: Olympic, Paralympic representation expected to remain on new board
1 hour -
When English became the safest Ghanaian language
1 hour -
Nurses and midwives indispensable to resilient health system – Bawumia
1 hour -
About 565,000 BECE candidates qualify for SHS placement – CSSPS
1 hour -
Virtual InfoSec Africa renews partnership with Cyber Security Authority
1 hour -
TMA is highest authority in Tema, TDC must comply with its regulations — President
2 hours -
Cyanide, unregistered cigarettes hidden under bags of millet, soya beans in major highway bust in Techiman
2 hours