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
-
Former Chief Justice Sophia Akuffo resigns from the Council of State
16 minutes -
Health workers struggle to contain Ebola in Congo camps as distrust grows
48 minutes -
Richie Mensah unveils ‘The Octave’ as latest addition to Lynx Electronics family
49 minutes -
Motorists, pedestrians alarmed over faulty streetlights on Achimota Forest stretch
57 minutes -
Bank of Ghana orders financial institutions to stop supporting foreign currency crypto wallets
1 hour -
Former Upper West Minister Backs Dr Issahaku Moomin for NPP Treasurer Position
3 hours -
Legal Education Reform: Assafuah questions possible return of entrance exams under new bar training system
3 hours -
2026 Apostolic Visitation commences at Cedar Mountain Chapel
4 hours -
Gov’t urged to strengthen capacity of MMDAs to improve building permit regulation
4 hours -
Sugarcane farmers call off protest, set July deadline for government action on Komenda factory
4 hours -
Asafo-Adjei Ayeh questions effectiveness of World Cup Committee after Partey’s visa setback
4 hours -
Use diplomatic channels to secure Partey’s entry into Canada – Asafo-Adjei Ayeh to gov’t
4 hours -
Gov’t should have foreseen Partey’s visa challenge – Bosome Freho MP
4 hours -
UCC opens internal probe into death of Level 200 student
4 hours -
From invisible to influential : Why Africans must take personal branding seriously
5 hours