Audio By Carbonatix
The Ghanaian secondary bond market rebounded largely last week on the back of sell-buy-back trades.
As a result, the total volume traded across the market amounted to GH¢527.72 million.
This reflected an increase of over 600% compared to the previous week.
Market activity was driven by the short-to-medium term maturities, as the 2027 to 2030 papers accounted for 57% of the volume traded. The 2031 to 2034 bonds also contributed 43%.
On a type of trade basis, market activity was driven by sell-buy-backs, which recorded 57% of the week’s market turnover.
Analysts expect trading activity to improve partly driven by the sell-buyback dynamics, as the strategy augurs well for investors in search of short-term liquidity.
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
-
BoG Governor rallies IMF to back Africa’s digital sovereignty
2 minutes -
Amin Adam questions government bond pricing as short-term yields fall below inflation
8 minutes -
Five new telephony cell sites to be activated in October 2026 – Sam George
13 minutes -
Amin Adam raises sovereign-bank nexus concerns as banks hold GH¢190bn in government debt
18 minutes -
Government to increase Free SHS feeding allowance in 2027 Budget – Haruna Iddrisu
23 minutes -
Nadowli-Kaleo NCCE engages women’s groups on rule of law, corruption fight
24 minutes -
Mahama visits factories in Afienya/Tema
29 minutes -
TraffiTech-GH pilot reduces road crash injuries, fatalities
34 minutes -
IMF Chief identifies 2 major threats posed by AI to global economy
39 minutes -
Go back to the hand washing days – Ghanaians told
44 minutes -
GoldBod commits GH¢35m to reclaim galamsey-damaged Tano Nimri Forest Reserve
49 minutes -
Afenyo-Markin reflects on loneliness of public service, says survival is largely spiritual
56 minutes -
Achimota Court designated to handle petroleum diversion cases – NPA CEO
1 hour -
Bekwai court jails mine worker 14 years for defiling 8-year-old girl
1 hour -
CHASS conference calls for collective action to tackle indiscipline in schools
1 hour