Audio By Carbonatix
The secondary bond market activity jumped 284.53% week-on-week to GH¢3.47 billion from GH¢904 million the previous week.
According to trading results, offshore investors dominated the buy side while local players remained cautious.
Activity was concentrated in the short to medium tenors led by the February 2027 maturity at GH¢1.14 billion in volumes traded.
The 2027–2030 bond accounted for 78% of trades at a weighted average Yield-To-Maturity of 16.35%.
Similarly, the 2031-2038 papers comprised 17% of trades at a weighted YTM of 16.30%.
Analysts expect market momentum to persist as investors position themselves ahead of the potential policy rate cut at the upcoming Monetary Policy Committee meeting.
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
-
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
17 minutes -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
28 minutes -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
38 minutes -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
42 minutes -
Nigeria convicts 386 Islamist militants in mass trials
47 minutes -
Djibouti president wins election with 97.8% of vote, state media says
52 minutes -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
1 hour -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
1 hour -
Christina Koch becomes first woman to travel around the moon on Artemis II
2 hours -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
2 hours -
UN Secretary-General names Ghana’s Anita Kiki Gbeho as South Sudan envoy
2 hours -
Mali withdraws recognition of Sahrawi Republic, backs Morocco’s autonomy plan
2 hours -
Gov’t distributes over 8,500 laptops to One Million Coders project
2 hours -
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
2 hours -
GPRTU in Savannah Region to protest alleged eviction in Damongo
2 hours