Audio By Carbonatix
Activities in the secondary bond market slowed last week, decreasing by 48.87% to GH¢574 million, down from 1.12 billion.
Market turnover was distributed across the local currency yield (LCY) curve, with the February 2027 maturity recording the highest volume traded at an average yield to maturity (YTM) of 25.6%, up from 23.4%.
The shorter end of the LCY curve accounted for 76.12% of trade concentration, closing the week at an average YTM of 23.3%, while the belly and tail end represented 23.88% of trades, with average YTMs of 25.32% and 25.33% week-on-week, respectively.
Analysts expect market activity to moderate in the coming week, likely focusing on the very short end of the local currency yield curve.
Additionally, they anticipate that local and offshore participants will remain selective in the bond market, adopting a cautious approach to capitalise on the current elevated yields
Latest Stories
-
Trump tells the UK and other countries ‘go get your own oil’ from Strait of Hormuz
14 minutes -
Black Stars and the Art of Sacking: When the Coach Must Always Go First
22 minutes -
Ghana to roll out digital maps under new land sector reforms
29 minutes -
Ghana not fully ready for World Cup – Sports Minister
34 minutes -
NPA steps up “Stay Back, Stay Safe” campaign in Eastern Region
36 minutes -
Ethical Dilemma in Banking: The Case of a Teller in the Cash Cage
51 minutes -
Emceeing is 20% talk, 80% event management – Kafui Dey
52 minutes -
Supreme Court sets April 21 to hear Wesley Girls’ religious rights case
57 minutes -
UniMAC-IF holds workshop on Vertical Revolution: Mastering micro-dramas for African digital economy
1 hour -
Pan-African Progressive Front hosts landmark online conference ahead of Geneva Forum
1 hour -
Civil society is not an adversary of gov’t, but partners in nation-building – Mahama
1 hour -
Defeamekpor calls for interdiction of Land Ministry’s director of finance
1 hour -
Atebubu Paramount Chief visits NPA boss to strengthen ties
1 hour -
TGMA Group of the Year nominees to be announced this week – Robert Klah
1 hour -
Ex-Effia MP writes: Big Push for infrastructure, Small Push for people
1 hour