Audio By Carbonatix
Trading activity in the Ghanaian secondary bond market gained some momentum, as aggregate volume traded surged last week to ¢331.54 million.
Investor interest in the new bonds was slightly above the old bonds, as the 4-year (coupon: 8.5%) and 14-year (coupon: 9.85%) papers jointly accounted for 51% of the market turnover.
The new bonds trading close to par value.
This week, Bloomberg presented a potential solution to the payment-in-kind valuation issue, which could enhance trading activity on the local bond market.
Ghana is hoping to secure a $1 billion loan from the World Bank which would be made available after concluding an IMF board level agreement.
This will help government to reduce its short-term borrowing, leading to decline in treasure yields.
Latest Stories
-
Luex Healthcare launches children’s health education book series with Luey the Lion
20 seconds -
NAGRAT urges gov’t to communicate early if September deadline cannot be met
32 minutes -
We trust government to meet September deadline on teachers’ promotions – NAGRAT
44 minutes -
“We dare not fail” – Gov’t promises to honour teachers’ promotion pay deal
50 minutes -
The GH¢19.8 billion mirage: Inside Ghana’s state enterprise turnaround
58 minutes -
Luv FM High School Debate: KNUST SHS and Osei Adutwum SHS set up thrilling final after dramatic semi-finals
1 hour -
KNUST AI Coordinator urges structured adoption of AI in teacher education
1 hour -
Nepal rescuers blast hillside in search of hydropower workers as families wait anxiously
2 hours -
Teachers who pass promotional exam to get January 2026 start date after gov’t resolves promotion dispute – Dr Apaak assures
2 hours -
NSMQ 2026: St. John’s School rally from slow start to book semi-final spot
2 hours -
Promotion pay row: Gov’t gives teachers September 2026 to complete salary adjustments
2 hours -
Financial irregularities plummet by 62.9% as state tightens fiscal controls
2 hours -
DVLA to expand mobile services to underserved communities in Ghana’s Eastern Corridor of the Northern Region
2 hours -
GUTA urges GPHA to act swiftly to end Tema Port congestion to avert rising business costs
2 hours -
Port congestion could undermine 24-hour economy policy – GUTA
2 hours