Audio By Carbonatix
Trading activities in the secondary bond market dropped by 14 percentage points last week.
Total volume declined to GH¢658 million from GH¢762 million.
The 2027-2023 maturities dominated trading, accounting for 58% of total trades, with yields to maturities (YTM) rising to an average of 26%.
The 2031-2038 maturities made up 42% of trades, with an average YTM up to 27%.
Analysts expect trade activity to slow this week as market participants await the reading of the Expenditure Appropriation Bill for 2025 to gain clarity on government spending priorities and expected coupon payments
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
-
Ex-Chelsea player Oscar retires with heart issue
8 minutes -
CA Foundation drives constitutional literacy in Kpone Katamanso municipality
13 minutes -
GPRTU to hold talks with Transport Ministry over rising fuel costs
16 minutes -
CUTS International urges gov’t to halt sachet water price hike pending cost review
22 minutes -
Chief Justice: Efficient Judiciary essential to reducing business costs
25 minutes -
Bayern grabs 99th-minute winner to cap superb fightback
25 minutes -
Ahmed Ibrahim urges Ghanaians to reflect Easter values in nation-building
28 minutes -
ECG inefficiencies undermining power supply -Mahama outlines reforms
30 minutes -
Lewandowski scores as Barca fight back to defeat Atletico
31 minutes -
Lack of private sector consultation undermining economic growth – Jerry Ahmed Shaib
35 minutes -
Real Madrid seven points adrift after Muriqi’s late Mallorca winner
35 minutes -
Ghana must lead AfCFTA implementation by example – Trade Minister Ofosu-Adjare
40 minutes -
Strong Judiciary key to business confidence – Chief Justice Baffoe-Bonnie
44 minutes -
Mahama announces 60-Hectare irrigation project to boost tomato production
51 minutes -
WPL: Hasaacas Ladies win on last day to set up final with Ampem Darkoa
52 minutes