Audio By Carbonatix
The secondary bond market for Government of Ghana papers sustained the upbeat in trading activity last week.
Total weekly volume traded increased 47.42% week-on-week to ¢2.07 billion.
Last week’s trading was more concentrated at the belly of the LCY curve, as the 2031-2034 papers together constituted 61.40% of the aggregate market turnover.
Bond yields recorded a mixed performance, with the 2027-2030 papers down by 82 basis points to 19.22%.
The 2031-2034 however increased by 91 basis points to 16.63%.
Analysts are optimistic that the bond market will continue to record improved trading activity in the near term, as investor confidence steadily rebounds on Ghana’s disinflation process.
Meanwhile, aggregate turnover on the secondary fixed income market quickened to ¢4.19 billion (+10.7% week-on-week) last week, almost evenly split between bonds and T-bills.
Latest Stories
-
Brandon Asante and Coventry all but promoted to Premier League despite Sheffield Wednesday draw
14 seconds -
GPL 2025/26: Late Kwartemaa strike downs Hearts in Tema
7 minutes -
Ghana Faces Sierra Leone Moment as Prosecutorial Powers come under strain
17 minutes -
Don’t consume fish or seafood from Tema Shipyard until further notice – FDA warns
21 minutes -
Why volunteering might be Africa’s most underrated career accelerator
28 minutes -
ActionAid Ghana raises concern over gender gaps in Feed Ghana Programme
30 minutes -
Windstorm wreaks havoc in Gushegu, displacing nearly 2,000 residents and damaging schools
32 minutes -
Friends of Bridget Bonnie Marks her 35th birthday with donation to Kasseh Model Health Centre
1 hour -
From Ekumfi Kokodo to the Pulpit Stage: Essi Donkor’s gospel journey takes shape
2 hours -
Landfilling waste management creates no value, it’s an economic waste
2 hours -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
2 hours -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
2 hours -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
2 hours -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
2 hours -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
3 hours