Audio By Carbonatix
Trade activity in the secondary bond market remained modest amid banks’ end-of-month rebalancing. Activity was spread across all tenors.
The February 2027 and Aug 2027 led the activity, accounting for 44% of trades at an average Yield-To-Maturity (YTM) of 20.9%.
Overall, the shorter end of the LCY curve contributed 60% of volumes at an average YTM of 20%, while the belly and tail segments made up the remaining 40%.
This cleared at an average YTM of 21.33%.
Databank Research said it expects trade activity to pick up as expectations for a bond market reopening gain momentum.
This will be supported by the positive macroeconomic signals highlighted in the Monetary Policy Committee’s 124th briefing.
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.
Tags:
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 put GH¢4.69bn into gold-for-oil, lost over GH¢2.1bn with no impact — Audits show
10 minutes -
CRC opted for broader reforms over abolishing ex-gratia – Charlotte Osei
28 minutes -
Mahama’s record shows four-year presidential term is sufficient – Inusah Fuseini
34 minutes -
Four-year term enough for accountability – Inusah Fuseini
42 minutes -
CRC Proposals: We were very mindful not to create problems while solving existing ones – Charlotte Osei
51 minutes -
Ebo Noah’s ‘faith’ or Climate Change: Rains on Christmas eve and day in Ghana?
1 hour -
Dr Seidu Jasaw commissions CHPS facilities in Chaggu-Paala and Tuosa communities
1 hour -
Charlotte Osei describes CRC work as “a privilege of a lifetime”
2 hours -
Ablakwa inaugurates SMART classrooms for STEM education
2 hours -
Livestream: Newsfile discusses Constitution review report and AG’s ORAL drive
2 hours -
Michael Adangba Legacy Music Festival pulls huge crowd for maiden edition
3 hours -
MTN spreads Christmas cheer to newborns in Takoradi hospitals
3 hours -
Kumawu MP celebrates Christmas with drivers and riders
3 hours -
DeThompsonDDT earns six major nominations at 2025 Western Music Awards
4 hours -
Kumawu MP shares Christmas with aged, widows in constituency
4 hours