Audio By Carbonatix
Trading activity in the secondary bond market improved last week as investors exchanged GH¢1.62 billion.
This reflected a week-on-week increase of 30.54%.
Notably, the trades recorded were largely repos and bond exchanges.
Market activity was skewed towards the front of the LCY yield curve, as the February 2028 (Coupon: 8.5%) paper gained traction with 62% of the total volume traded.
The LCY yield curve continued to tilt northwards, as the average Yield-To-Maturity on the 2027-2030 papers increased to 19.20%, while the 2035-2038 advanced to 15.94%.
Analysts expect bond market activity to gradually improve following the steady upgrade in Ghana’s macroeconomic indicators, as shown in the latest summary of economic and financial data released by the Bank of Ghana.
Latest Stories
-
Nigeria police rescue 18 abducted bus passengers, including exam-bound students
10 minutes -
CAGD rejects viral claim of GH¢427m ‘unearned salaries,’ says payroll system cannot pay beyond approved limits
21 minutes -
GETFund, police leadership explore strategic partnership on education and capacity building
32 minutes -
‘Opemsuo Wheat’: Asantehene blesses landmark project to end Ghana’s $450m import addiction
41 minutes -
Police, CSSM join forces to build trust and fight Sahel extremism
43 minutes -
8 National Security operatives granted bail for allegedly robbing illegal miners in Assin-Awisam
52 minutes -
IERPP flags ‘opaqueness’ in Damang mining contract, calls for due process reforms
56 minutes -
Government to procure 2 rice mills to ease post-harvest losses, boost food security – NAFCO boss
1 hour -
Gbintiri residents boycott market revenue payment over accountability, alleged 24-hour economy exclusion
1 hour -
Family of late Sawla MP performs funeral without mortal remains of the deceased
1 hour -
Soho Jazz Club kicks off with the Jazz Brothers
2 hours -
Muzic Mensah surpasses 1.3 million Boomplay streams as ‘All Correct’ gains traction
2 hours -
Black Stars Coach Carlos Queiroz to meet media in Accra on thursday
2 hours -
Apple names insider John Ternus as CEO, Cook to become executive chairman
2 hours -
IERPP warns of a ‘systematic siege’ of Ghana’s natural resources
2 hours