Audio By Carbonatix
Trade activities in the secondary bond market surged 75.58% week-on-week, hitting GH¢2.12 billion, marking the highest traded volume since 2023.
The prices across the General Category bonds improved, with most activity concentrated at the short end of the curve.
The shorter end of the local currency yield curve accounted for 49% of market turnover.
This recorded a weighted average Yield-To-Maturity (YTM) of 18.15%.
The activity across the belly-to-tail end represented 51% of trades at an average YTM of 18.42%.
Analysts expect positive sentiments to continue driving trade activity in the coming week.
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
-
Dad unlawfully killed daughter in Texas shooting, coroner rules
2 hours -
Anas wins 7 – 0 as SC unanimously rejects attempts to reverse judgment in his favour
2 hours -
The cocoa conundrum: Why Ghana’s farmers are poor despite making the world’s best chocolate
3 hours -
Powerful cyclone kills at least 31 as it tears through Madagascar port
3 hours -
GoldBod summons 6 gold service providers over compliance exercise
4 hours -
Power disruption expected in parts of Accra West as ECG conducts maintenance
4 hours -
Police investigate alleged arson attack at Alpha Hour Church
4 hours -
Heavy Sunday downpour wrecks Denyaseman SHS, schools, communities in Bekwai Municipality
5 hours -
Ridge Hospital is in critical condition – GMTF Boss appeals to corporate Ghana
5 hours -
Introduce long term measures to tackle challenges in cocoa sector – IERPP to government
5 hours -
Agricultural Economist proposes blended financing model to support cocoa sector
5 hours -
NPP MP warns against reducing producer price as government rolls out cocoa reforms
6 hours -
Tano North MP urges halt to grain exports over food glut
6 hours -
Farmers hopeful as government moves to expedite cocoa payments
6 hours -
Tensions at Agbogbloshie market women oppose AMA drain cleaning exercise, items confiscated
6 hours