Trading activity in the secondary bond market increased by 14.38% last week, closing at GH¢986 million, up from GH¢862 million.
Trading remained concentrated at the front and belly of the yield curve.
This accounted for 51% and 42% of total volumes traded, respectively.
Prices on these bonds rose slightly, contributing to a 29-basis point decline in yields to 26.4%.
The tail end of the curve saw limited activity, contributing just 7% of total trades at an average yield to maturity of 28%.
Looking ahead, analysts expect the front end to remain the primary focus of trading, with the belly primarily used for Repo transactions.
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
-
Stench from spillover of large suck-aways threaten Tema residents’ health
15 seconds -
Mamprugu Youth Association condemns attacks on buses and military brutality
20 minutes -
Southampton boss ‘happy’ with Kamaldeen Sulemana after goal against Bournemouth
46 minutes -
We are suffering – Scholarship student laments
54 minutes -
MTN organises blood donation exercise on Val’s day
59 minutes -
I funded some of my projects while at Highly Spiritual – Mr. Drew
1 hour -
Kamaldeen Sulemana scores in Southampton defeat to Bournemouth
1 hour -
Women’s FA Cup: Hasaacas Ladies make semis as Ampem Darkoa Ladies suffer elimination
2 hours -
US-Africa Business Center, 3 others congratulate GIPC CEO Madjie
2 hours -
One Leg, Many Dreams: The Abubakar Aziz Story
2 hours -
Playback: The Law discussed scholarships—law, policy & the chaos
2 hours -
Your leadership is needed now more than sver – NPP USA to Bawumia
3 hours -
History will remember you for your transformational policies – NPP USA to Bawumia
3 hours -
Bawumia wows Harvard University with impressive achievements of Ghana’s digitalisation drive
4 hours -
Digital economy holds the keys to Africa’s prosperity and job creation – Bawumia
4 hours