Audio By Carbonatix
Trading activity on the bond market bounced back last week, as total value traded shot up by 34% to ¢388.91 million.
According to the market data, activity in the new bonds also regained momentum on the back of ¢265.88 million volume traded across the 2027-2037 segments.
The short-term instruments contributed 94.71% of the total market turnover.
The Executive Board of the IMF board approved Ghana’s $3 billion Extended Credit Facility, paving the way for the arrival of $600 million in the first tranche.
Therefore, analysts are optimistic about trading activity on the secondary bond market, which could enhance Ghana’s economic outlook and improve investor confidence.
Again, the programme could catalyse funding from other international sources.
Meanwhile, there was aggregate turnover of ¢1.24 billion across bills and bonds last week, with bills accounting for almost 70% of the total trade.
Latest Stories
-
Leeds say boos during Ramadan pause ‘disappointing’
38 minutes -
Premier League deletes Vicario social media post
49 minutes -
Real Madrid beaten at home by Getafe for second successive loss
58 minutes -
‘Clubs refused to look at me after my crash’ – Antonio on Qatar move
1 hour -
Mayweather to fight kickboxer before Pacquiao rematch
1 hour -
India and Canada reset ties with ‘landmark’ nuclear energy deal
1 hour -
Mahama should equally credit NPP for economic stability – Economist
2 hours -
Mbappe has knee sprain with no surgery planned
2 hours -
Interior Ministry releases funds to settle 2025 rent allowance arrears for security services
2 hours -
Ghana evacuates diplomatic staff from Iran; embassy shut indefinitely — Ablakwa
2 hours -
France to boost nuclear arsenal and extend deterrence to European allies
3 hours -
Chinese community in Ghana marks ‘Year of the Horse’ with grand new year festival
3 hours -
When regional instability becomes national risk: Ghanaian tomato traders killings
3 hours -
Photos: President Mahama meets Tanzania President Suluhu Hassan
3 hours -
Mahama calls for cessation of Iran-US-Israel conflict, urging return to dialogue
4 hours