Audio By Carbonatix
Trading activity in the secondary bond market declined by 23.15% week-on-week, with total volumes closing at GH¢1.18 billion from GH¢1.53 billion.
The price action was broad-based across general category bonds.
The 2027-2030 maturities led trading with a 57% share and an average Yield-To-Maturity of 21.47% (+0.5 percentage points).
The 2031–2038 papers accounted for 43% at an average YTM of 21.62%.
Analysts expect trading activity to remain relatively muted in the coming week.
This is because institutional investors are shifting focus to the Bank of Ghana’s newly issued 273-day bill.
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
-
‘We need to intercede for GoldBod’- Duncan-Williams
1 minute -
Strong favourites or tougher task – will Arsenal defend their title?
35 minutes -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
38 minutes -
Ariana Grande leaves problems at home as her tour hits the UK
52 minutes -
Multiple suspects at large after five shot at Virginia State University, police say
52 minutes -
Three killed as Russia launches fresh aerial attacks across Ukraine
1 hour -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
1 hour -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
2 hours -
Twelve killed as Polish bus veers off Hungarian motorway
2 hours -
Building Ghana better: Why architects must be at the heart of national development
5 hours -
GMet warns of severe rainstorm across northern Ghana
6 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
6 hours -
Health Ministry reviews NDC manifesto commitments
7 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
7 hours -
Labour backs proposed IPEC but demands full involvement in pay reforms
8 hours