Audio By Carbonatix
The total volume exchanged on the secondary bond market for Government of Ghana papers maintained an upward trend last week.
The market turnover increased by 34.33% week-on-week to GH¢1.76 billion last week.
Notably, the market activity was driven by instruments at the belly of the LCY yield curve, constituting about 63% of the total weekly volume exchanged.
Additionally, analysts observed sustained activity across the longer-dated maturities, with 32% of the market turnover.
Looking into this week, there is a general internet challenge caused by multiple undersea cable breakdowns, which is substantial to hamper communication and operations among market players.
As a result, the exchange volumes may likely slow on the bond market.
Latest Stories
-
GIADEC dismisses claims gov’t plans to award Nyinahin Bauxite concessions to Ibrahim Mahama
22 minutes -
Ghana Celebrates Hanukkah: A Festival of Light and Freedom
38 minutes -
IMF seeks 3-month extension of Ghana’s Programme
52 minutes -
Government secures $200m World Bank support to end double-track system – Haruna Iddrisu
56 minutes -
GJA raises alarm over court order restraining investigative reporting
1 hour -
Ghana Embassy delegation visits Ghanaian detainees at ICE facility in Pennsylvania
2 hours -
The Licensure Fallacy: A misplaced narrative on WASSCE performance
2 hours -
Front-runner to be Bangladesh PM returns after 17 years in exile
2 hours -
NICKSETH recognised as Best Building & Civil Engineering Company of the Year 2024/2025 by GhCCI
3 hours -
MISA Energy rebrands in Kumasi, pledges better service and sustainability
3 hours -
Kenyasi assault case: Woman handed 15-month jail term for injuring child
5 hours -
Mahama’s trust well placed, I remain focused on fixing education – Haruna Iddrisu
5 hours -
IGP Yohuno promotes 13 senior officers in recognition of exemplary service
5 hours -
Miss Health Organisation unveils new Miss Health Africa and Ghana queens
6 hours -
Andy Dosty set to headline inaugural Ghana Independence Day celebrations in Europe
6 hours