Audio By Carbonatix
Activity on the secondary bond market slowed down last week as no trades were recorded in the new Government of Ghana (GoG) bonds.
Aggregate trade volume declined by 97.52% week-on-week.
Aggregate turnover was estimated at¢38 million across the old and new bonds.
A total face value of ¢11.38 million changed hands across some segments of the old GoG bonds.
According to the market report, new bonds were lifeless on the market last week.
However, the 2027-2030 papers quoted around an average yield of 11.97% (+58 basis points week-on-week).
Turnover for Treasury bills, however, increased by 66.9% week-on-week to ¢856 million.
Analysts foresee a rebound in trading activity on the secondary bond market, as the government expects an IMF board-level approval this week which is expected to improve investor sentiment.
Latest Stories
-
Domestic Violence Secretariat trains market executives as paralegals in Bono Region
4 minutes -
CPA slams PURC over 2026 tariff hikes, calls increase “unrealistic” and unfair to consumers
10 minutes -
Martin Kpebu was unhappy with move to demand Adom-Otchere’s landed property – Lawyer
12 minutes -
US jails Nigerian fraud mastermind for 20 years over nationwide bank scam
21 minutes -
US jails Nigerian fraud mastermind for 20 years over nationwide bank scam
60 minutes -
Senyo Hosi warns parliament against any move to scrap OSP
1 hour -
Martin Kpebu’s call for Kissi Agyebeng’s removal is hypocrisy and against accountability – Kojo Asante
1 hour -
I support Parliament’s call to scrap the OSP – Elikem Kotoko
1 hour -
OSP should be a department under the AG’s office – Elikem Kotoko
2 hours -
Majority NDC supporters don’t want NPP to elect Bawumia as Flagbearer – Global InfoAnalytics
2 hours -
OSP director tells Manasseh Azure he can’t do the job better than Kissi Agyebeng
2 hours -
Police rescue young woman, arrest partner in viral domestic abuse case
2 hours -
Kissi Agyebeng has survived two assassination attempts – Sammy Darko reveals
2 hours -
Ghana Scholarships Secretariat schedules Dec. 8 and 9 interviews for Commonwealth applicants
2 hours -
Agric Minister applauds farmers, highlights new era of innovation at National Farmers Day
3 hours
