Audio By Carbonatix
The secondary bond market turnover increased by 33.12% week-on-week to GH¢1.87 billion from GH¢1.41 billion the previous week.
According to the trading results, the February 2035 maturity led flows with GH¢483.92 million in volumes traded.
However, the 2031–2038 bonds led market activity.
It accounted for a combined 68.6% of total volumes at a weighted average yield of 16.10%.
Meanwhile, the 2027–2030 papers accounted for 31% of trades at a weighted average yield of 15.65%.
“We expect market momentum to remain firm in the coming weeks, with short- to medium-term yields staying broadly anchored amid improved investor sentiment following Moody’s credit rating upgrade”, Databank Research said.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kenyasi assault case: Woman handed 15-month jail term for injuring child
1 hour -
Mahama’s trust well placed, I remain focused on fixing education – Haruna Iddrisu
1 hour -
IGP Yohuno promotes 13 senior officers in recognition of exemplary service
1 hour -
Miss Health Organisation unveils new Miss Health Africa and Ghana queens
2 hours -
Andy Dosty set to headline inaugural Ghana Independence Day celebrations in Europe
2 hours -
GoldBod rejects IMF claims of $214m losses under gold-for-reserves programme
2 hours -
Some MMDCEs reject uniform 24-Hour Economy Market model, seek flexible options
3 hours -
Government to reform cultural, creative sector policies
3 hours -
Illegal farming ravages Chai River forest reserve
3 hours -
Christmas should inspire unity and national renewal – Prof Opoku-Agyemang
3 hours -
Ashanti Region: NADMO prioritises preventive measures to reduce road carnage
3 hours -
Mahama pledges reset, growth and jobs for all Ghanaians in Christmas message
3 hours -
13 inmates at Nsawam Prison granted bail under the Justice For All Programme
3 hours -
We invited a man into our home at Christmas and he stayed with us for 45 years
3 hours -
From uncertainty to clarity: Ghana draws the line on digital assets
3 hours