Audio By Carbonatix
The Secondary bond market turnover fell by 68.1% week-on-week to GH¢1.11 billion from GH¢3.47 billion the previous week.
Trading was dominated by strong local participation.
The February 2031 maturity led flows with GH¢416.01 million in volumes traded.
The 2027–2030 bonds dominated activity, accounting for 57% of trades at a weighted average YTM of 16.30%.
The 2031–2038 papers accounted for 44% of trades at a weighted YTM of 16.39%.
Databank Research said, “We expect appetite for short-term bonds to persist in the coming weeks, underpinned by the recent policy rate cut, easing inflation, and fiscal discipline.”
However, it added that trading patterns continue to signal caution, characterised by volume swings, limited repo activity, and a reliance on sell-and-buy-back arrangements.
Latest Stories
-
Analysis: Why the cedi is depreciating
41 minutes -
To nationalise or transform? Joy Business hosts roundtable on Ghana’s extractive future
44 minutes -
This is not how modern innovation ecosystems are built – Tech analyst warns over NITA Bill
1 hour -
A web developer could become a criminal – NITA Bill sparks fear among young innovators
1 hour -
Mercy Johnson faces backlash over $18.24 menstrual kit
2 hours -
EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports
2 hours -
Senegal’s Faye names economist Lo as new prime minister
2 hours -
Landslide at Angola illegal gold mine kills 28
2 hours -
The Draft NITA Bill should be shredded
2 hours -
Eni and partners approve new development phase for Ivory Coast project
2 hours -
Gov’t signals tougher scrutiny before renewing Gold Fields’ Tarkwa lease, Reuters report
2 hours -
Africa must build strong systems to achieve sporting success — Herbert Mensah
3 hours -
Gunmen abduct 25 people in twin attacks in Nigeria’s Kwara state, police say
3 hours -
Ebola patients flee in attacks on Congo health facilities, hobbling response
3 hours -
What Is Wrong with Us: Why we keep uprooting young trees because they have not yet become forests
3 hours