Audio By Carbonatix
The Secondary bond market softened notably, with total turnover declining 30.12% week-on-week to GH¢399.29 million from GH¢571.42 million the previous week.
Trading was largely concentrated in the February 2032 maturity, which remained the most actively traded paper. This accounted for GH¢145.04 million of flows.
The 2031-2034 bonds emerged as the market's anchor, capturing 56% of total turnover at a weighted average yield of 15.74%.
The 2027–2030 maturities also drew notable interest, accounting for 35% of traded volumes at a weighted average yield of 15.92%.
Databank Research said it expects market activity to remain subdued in the near term.
However, the S&P upgrade of Ghana’s credit rating to B-/B from CCC+/C signals improving macro and fiscal conditions and could gradually support sentiment and investor re-engagement.
Latest Stories
-
PKO trio eye victories at Odwira Festival
12 minutes -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
18 minutes -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
46 minutes -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
1 hour -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
1 hour -
The brewing tension at KNUST; Beware the Ides of October….
2 hours -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
2 hours -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
3 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
3 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
3 hours -
The Accra-Kumasi Expressway: Building it right
3 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
3 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
3 hours -
Eastern NPP Women’s Organiser calls on AG, Police to secure bail for Salomey Baffoe
4 hours -
Poverty, illiteracy driving acceptance of vote-buying among women – Damongo Queen Mother
4 hours