Audio By Carbonatix
The secondary bond market recorded a notable uptick in trading momentum last week.
This led to an increase in market turnover by 23.56% week-on-week to ¢97.30 million.
According to trading results, the 2027-2030 maturities of the new bonds continued to attract high investor interest, accounting for 78% of the total face value traded in the market.
Last week, the bears strengthened their grip on the secondary bond market, exerting downward pressure on treasury bond prices across all segments of the new papers.
Analysts believe market activity could pick up due to the improving risk profile of the government, as Moody’s upgrade of Ghana's local currency issuer ratings to Caa3 from Ca.
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
-
Luex Healthcare launches children’s health education book series with Luey the Lion
3 minutes -
NAGRAT urges gov’t to communicate early if September deadline cannot be met
35 minutes -
We trust government to meet September deadline on teachers’ promotions – NAGRAT
47 minutes -
“We dare not fail” – Gov’t promises to honour teachers’ promotion pay deal
53 minutes -
The GH¢19.8 billion mirage: Inside Ghana’s state enterprise turnaround
1 hour -
Luv FM High School Debate: KNUST SHS and Osei Adutwum SHS set up thrilling final after dramatic semi-finals
1 hour -
KNUST AI Coordinator urges structured adoption of AI in teacher education
1 hour -
Nepal rescuers blast hillside in search of hydropower workers as families wait anxiously
2 hours -
Teachers who pass promotional exam to get January 2026 start date after gov’t resolves promotion dispute – Dr Apaak assures
2 hours -
NSMQ 2026: St. John’s School rally from slow start to book semi-final spot
2 hours -
Promotion pay row: Gov’t gives teachers September 2026 to complete salary adjustments
2 hours -
Financial irregularities plummet by 62.9% as state tightens fiscal controls
2 hours -
DVLA to expand mobile services to underserved communities in Ghana’s Eastern Corridor of the Northern Region
2 hours -
GUTA urges GPHA to act swiftly to end Tema Port congestion to avert rising business costs
2 hours -
Port congestion could undermine 24-hour economy policy – GUTA
2 hours