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.
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