Audio By Carbonatix
Total trade volumes in the Ghanaian secondary bond market declined to GH¢816 million from GH¢1.5 billion in the previous week.
This was primarily driven by repo exchanges in the short and medium tenors.
Market activity centred around the belly of the yield curve, making up 63.26% of the total volume exchanged.
The shorter end of the curve accounted for 36.74%.
Analysts expect trading activities to improve, supported by ongoing repo transactions, that are favourable for short-term liquidity management.
Many are hoping that the market will rebound this week.
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
-
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
16 minutes -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
43 minutes -
Was Prince Harry referencing Trump in joke for Late Show sketch?
1 hour -
Arrest over fire petition stirs public debate in Hong Kong
1 hour -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
1 hour -
Police recover $19k Fabergé egg swallowed by NZ man
2 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
2 hours -
Grand jury declines to charge Letitia James after first case dismissed
2 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
2 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
2 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
2 hours -
Top UK scientist says research visa restrictions endanger economy
3 hours -
‘I’m not afraid of death, only poverty’ – Peter Okoye
3 hours -
‘We’re coming to save you’ – Teni on 2Face’s distress call
3 hours -
[Video] It is getting out of hand – 2Face cries out amid marital crisis
3 hours