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
-
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
15 minutes -
Women and children among those killed in Sudanese army shelling of wedding celebration
19 minutes -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
37 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
55 minutes -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
56 minutes -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
59 minutes -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
1 hour -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
1 hour -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
2 hours -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
2 hours -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
2 hours -
Nigeria convicts 386 Islamist militants in mass trials
2 hours -
Djibouti president wins election with 97.8% of vote, state media says
2 hours -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
3 hours