Audio By Carbonatix
The secondary bond market activities rose by 22.72% week-on-week to GH¢ 557 million last week.
This was from GH¢453 million the previous week.
It followed the International Monetary Fund (IMF) staff-level agreement on Ghana’s 4th Economic Credit Facility review.
Trading was led by General Category Bonds, with the Feb 2030 paper topping volumes and closing at an average Yield-To-Maturity of 22.8%.
Activity at the short end of the LCY yield curve improved by 12% week-on-week to 59% of total trades, clearing at an average Yield-To-Maturity of 23%.
The belly-to-tail end accounted for 41%, at 22%.
Analysts expect modest activity in the near term as banks rebalance portfolios ahead of the month-end
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
-
Duvor Klu, Gakpo win J30 Accra girls’ doubles title
2 minutes -
ITF Juniors Tournament: Duvor Klu claims with straight-sets victory over Gakpo
13 minutes -
‘Decision to retire has been tough’ – Isaac Dogboe
31 minutes -
Domelevo backs OSP probe into alleged GH¢70,000 payment to Appiagyei
38 minutes -
Crowds swell as families make final shopping at Joy FM Back-to-School Fair
38 minutes -
‘Apologise if you accept you erred’ – Political analyst tells Chief Justice
1 hour -
Mahama’s board shake-up should not be linked to indiscipline – Akwatia MP
2 hours -
‘My Police, Your Police, Our Police’: the Aboso fire and a lesson in Policing together
2 hours -
Parliament backs OSP probe into alleged GH¢70k payment to Patricia Appiagyei
3 hours -
Photos: Joy FM Back-to-School Fair buzzes with excitement, strong patronage on Day 2
3 hours -
Dissolving inactive SOE boards is justified – Dennis Miracles Aboagye
3 hours -
John Boadu: I am not contesting for president; I am contesting to make Bawumia President
3 hours -
Zoomlion begins post-flood disinfection exercise in West Gonja to curb health risks
3 hours -
When Lady Justice Counted Eight Years
3 hours -
SIGA reporting should distinguish commercial performance from public service – Yaw Appiah Lartey
3 hours