Audio By Carbonatix
Trading on the secondary bond market was upbeat last week.
This is partly on the back of positive remarks from the International Monetary Fund, following the first review of Ghana’s $3 billion Economic Credit Facility.
Investors exchanged a total volume of ¢582.64 million, representing a 45.26% increase week-on-week in Government of Ghana bonds.
The February 2027 and February 2028 papers jointly dominated trading activity, contributing 84% out of 107 trades recorded during the week and over 90% of the market turnover.
Bond yields at the front of the LCY curve declined 187 basis points to 12.47%.
Analysts expect trading activity to remain strong this week due to improving investor confidence.
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
-
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
3 minutes -
GPRTU in Savannah Region to protest alleged eviction in Damongo
33 minutes -
Re: Reinsurance does not replace process — A response to the SIGA–SIC defence
47 minutes -
Gender Ministry supports Harriet Amuzu in ongoing abuse case
1 hour -
AG joins plaintiff to scrap OSP ?: We should be mindful of the mischief in this – Bobby Banson
1 hour -
Samson Lardy Anyenini questions willingness of Attorneys-General to prosecute political colleagues
1 hour -
It is only fair the OSP is heard in Supreme Court case – Bobby Banson
1 hour -
Asiedu Nketia resumes Ashanti tour, second leg kicks off on Sunday
1 hour -
NLA denies salary cut claims, threatens legal action over reports
1 hour -
BoG Governor honoured for stabilising cedi, improve inflation
1 hour -
Kyebi Easter Homecoming 2026: A resounding success!
2 hours -
RNAQ divorce ruling: What the noise is hiding
2 hours -
Trade Minister applauds GUTA as a pillar of economic growth; Prez Mahama honoured
2 hours -
President’s brother’s takeover of Damang Mines is ‘untidy’ – Alhassan Tampuli
3 hours -
It’s not true that gov’t decided not to renew the lease for Gold Fields – Bobby Banson
3 hours