Audio By Carbonatix
Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million.
This is coming after the government concluded the Domestic Debt Exchange Programme last week.
The recorded transactions on bonds were not actual trades but mostly fund transfers from the non-eligible participants and exempted groups.
On the front of the DDEP, the government achieved a participation rate of 84.91% of the reclassified outstanding principal of ¢97 billion as it concluded the DDEP.
The total amount tendered, however, constituted 63% of the total outstanding principal on the eligible bonds presented in the exchange memorandum.
Analysts believe the market will see limited activity, with most trades now concentrated in Treasury bills and corporate bonds.
Latest Stories
-
‘Ghana lost a president, but I lost a mentor and a friend’ – Mahama pays tribute to Atta Mills
7 minutes -
Ghana’s High Commissioner to UK commits to support Team Ghana at Commonwealth Games
24 minutes -
Photos: Flood Mitigation Task Force begins phased dredging, demolition exercise in Accra
31 minutes -
ICC top prosecutor removed over sexual misconduct allegations
40 minutes -
Glasgow 2026: Ghanaian boxer Abdul Wahid Omar eliminated after unanimous points defeat to Patris Mughalzai
47 minutes -
Ghana Gas CEO Judith Adjobah Blay earns Master of Laws degree from University of Nottingham
50 minutes -
Gender Minister leads monitoring exercise to strengthen School Feeding Programme
50 minutes -
Gov’t advocates capacity building for Ghana’s creative industry at interior design masterclass
53 minutes -
Flood Mitigation Task Force begins phased dredging, desilting and demolition exercise across various locations in Accra
1 hour -
The Brotherhood: ‘Pastors should stop teaching that sex before marriage is wrong’ – MC Mr. Hanson
1 hour -
Komfo Anokye Blood Bank appeals for more donors amid fears of blood shortage due to rising road crashes
2 hours -
National standardised test will identify learning gaps, not fail pupils – Dr. Apaak
2 hours -
The AI infrastructure race is not the only race that matters
2 hours -
2026 Ga Homowo Health Walk set for bigger show as Bills Micro Credit donates GH¢350,000
2 hours -
71% of HR professionals say they are underpaid — SEDAT report urges action on pay inequity
3 hours