Audio By Carbonatix
The secondary market activity gathered pace over the week, with turnover rising 56.45% week-on-week to GH¢2.44 billion.
Trading remained concentrated in the belly of the curve, with the 2031-2034 maturities accounting for 66.19% of total turnover at an average yield of 14.07%.
The 2027-2030 segment contributed a further 29.46% of activity at a weighted-average yield of 12.15%. The long end remained relatively illiquid.
Although activity in maturities beyond 2035 improved marginally, the segment accounted for just 4.35% of turnover, with an average yield of 15.14%.
Databank Research intimated that it expects secondary bond market activity to gain traction this week.
“We expect secondary bond market activity to gain further traction in the near term, underpinned by favourable liquidity conditions”.
Latest Stories
-
NPP to deliberately select candidates for orphan constituencies ahead of 2028 election
2 hours -
NPP wants early profiling of parliamentary candidates to avoid costly campaigns – Nana Akomea
2 hours -
At least 22 dead after two boats collide on Congo river, official says
2 hours -
Heavy rains lead to Senegal floods, government reports several deaths
2 hours -
FTBLRLIFE targets Ghana in expansion of global grassroots football network
3 hours -
NPP has secured the ‘blessing of time’ for 2028 election – Nana Akomea
4 hours -
NPP says early flagbearer selection has helped stabilise party reorganisation
4 hours -
Kennedy Agyapong disciplinary case awaits committee report, says Nana Akomea
5 hours -
Former ‘American Idol’ contestant sentenced to life without parole for wife’s murder
5 hours -
Education Ministry commends Ghanaian teachers on World Teachers’ Day 2026
5 hours -
NPP can reconcile with aggrieved members who want to return – Nana Akomea
5 hours -
Tamale Child Deaths: Vehicle owner arrested as IGP deploys homicide team
6 hours -
From ShattaFest to MoMo Fest: Entertainment takes centre stage in youth engagement
6 hours -
Nigerian military aircraft crashes, killing 32
6 hours -
MTN encourages Ghanaians to use MoMo for saving, investing and financial planning
6 hours