Audio By Carbonatix
Total market turnover surged sharply by 191% week-on-week to GH¢1.54 billion last week buoyed by repo exchanges.
The short-to-medium term maturities accounted for 59.77% and 40.23% of the total volume exchanged.
The total volume surged to GH¢1.54 billion from GH¢527.72 million recorded in the previous week.
Although activities have improved, alternative rates and the lackluster appeal for the bonds still lurks, with most papers trading at depressed price levels.
Analysts expect these exchanges to continue, as they provide valuable collateral to secure short-term liquidity needs.
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