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
-
Nearly 400 sentenced in Nigeria for links to militant Islamists
19 minutes -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
26 minutes -
Kwaku Azar writes: A-G vs OSP
59 minutes -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
1 hour -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
2 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
2 hours -
Barcelona dominate derby to extend La Liga lead
3 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
3 hours -
Importers and Exporters Association declares full support for Publican AI port system
3 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
3 hours -
Volleyball emerges as Ghana’s fastest rising sport
3 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours -
JoySports Exclusive: Steve McLaren in talks with GFA after expressing interest in Black Stars job
4 hours -
Fire guts auto parts warehouse at Bubuashie, one fire officer injured
4 hours -
I owe my victory to coach Ofori Asare – Allotey after winning WBA Africa Gold Super Flyweight belt
4 hours