The total turnover of the bond market fell once again by 27.8% to ¢689 million at the end of trading last week.
According to market data, the slowdown in market activity was due to the ongoing Domestic Debt Exchange Programme, as investors sat on the fence.
The October 2024, January 2025, March 2025 and August 2027 papers drove market activity, accounting for 58.94% of aggregate market volume.
Last week, the total turnover of the bond market declined by 54.8% to ¢954.15 million at the end of trading last week.
Analysts perceive a stale market this week as the deadline for the domestic debt exchange is today February 7, 2023, with the government looking to conclude the programme.
Finance Minister, Ken Ofori-Atta, believes the successful completion of the Domestic Debt Exchange Programme will revive the economy, and consequently boos the bod market.
“What we want is an economy that is back on track, stable, vibrant, productive, dynamic; meeting the needs of individuals, households, and enterprises; delivering shared and inclusive growth; and improving incomes and livelihoods,” he pointed out.
- ECG releases load shedding timetable for March 30 to April 7
- TikToker Ahuofe ‘Ghana Tupac’ dead
- Chief of Mujipe shot dead, son in critical condition
- Larabanga Accident: Level 200 student dead, 3 others in critical condition
- Social media users react to TikToker Ahoufe’s death
- BoG denies introduction of ¢500 coin, note
- We will resume picketing if government fails to honour payment in 2-weeks – Pensioner bondholders
- Where’s the so-called excess capacity? – John Jinapor quizzes government over load shedding timetable
- Adom FM climaxes Ghana Month celebrations with splendid cultural durbar
- Proposed taxes are draconian – Seth Terkper
- We need a hospital built purposely for Members of Parliament – Henry Quartey
- North Dayi District Assembly committed to improving livelihoods of PwDs – DCE
- High Court issues bench warrant for Savelugu MP
- Enterprise Group PLC appoints Keli Gadzekpo as Group Chairman
- We hope our colleagues will help pass the 3 tax measures – Oppong Nkrumah
- Justice system has not worked for Gyakye Quayson, Assin North constituents – Mahama
- Oscar Pistorius parole bid collapses in South Africa
- This Saturday on Newsfile
- Health officer in court for allegedly defiling two teenagers at Nkwanta
- Gbewaa College incurs over GHȻ70k debt weekly to feed teacher trainees – Principal
- GAEC partners EU, IAEA UNICRI to fight organised criminal activities
- What are we on earth for? – Henry Quartey mourns death of Kumawu MP
- Online safety: Fund seeks applicants for grant awards
- Music producer Kaywa loses mother
- The Multimedia Group’s Adom brand ends Ghana month with colourful cultural display