Audio By Carbonatix
The secondary bond market activity saw lacklustre sessions for the second straight week.
Total volume of transactions decreased by 69.51% week-on-week to GH¢154.70 million.
Trading activity was tilted towards the front end of the LCY yield curve, which constituted about 96% of market turnover.
Activity tumbled from the belly to the tail of the curve.
Analysts believe the $250 million inflow from the World Bank aimed at supporting the Ghana Financial Sector Strengthening Strategy (FSSS), could improve investor confidence in the bond market.
Yields on the money market could maintain the downward trend but at a slower pace.
This would have an impact on the secondary debt market.
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
-
Open letter to President John Agyekum Kufour
6 minutes -
IGP promotes two officers, commends five others in Tema Regional Police command
11 minutes -
Dortmund, Leipzig and Stuttgart track Ghanaian teen Edmund Baidoo after Salzburg surge
18 minutes -
Galamsey: Water bodies and lands remain under attack – Abu Jinapor
21 minutes -
‘Order from above’: Trotro operators reply as commuters fume over fare hikes amid gridlock
26 minutes -
US Visa Suspension: Abu Jinapor warns of diplomatic drift as Ghana–US relations face strain
1 hour -
NPP flagbearer race: Bawumia stands tall—Jinapor
2 hours -
Akufo-Addo neutral in NPP flagbearer contest—Abu Jinapor
2 hours -
NPA commends Tema Oil Refinery for swift return to full operation
2 hours -
No 24-hour shift in 2020 – Ghana Publishing clarifies former MD’s claim
2 hours -
Ghana U20 midfielder Hayford Adu-Boahen seals five-year deal with FC Ashdod
2 hours -
Fuel prices set to go down marginally at pumps from January 16
2 hours -
Measured diplomacy, not hot-headed statements, should guide Ghana’s foreign policy – Abu Jinapor
2 hours -
Galamsey fight unsatisfactory – Abu Jinapor slams government
3 hours -
We need to move away from religion and tribal politics – Abu Jinapor
3 hours