Audio By Carbonatix
The secondary market activity strengthened over the week, with aggregate turnover rising by 43.77% week-on-week to GH¢2.98 billion.
Trading remained skewed toward the belly of the curve, with the 2031–2034 maturities accounting for 40.5% of total volumes at a weighted-average yield of 12.43%.
The 2027–2030 segment captured a further 36.7% of traded volumes at a weighted-average yield of 11.99%.
In contrast, activity at the long end was relatively subdued, with the 2035–2038 tenors contributing 22.8% of total turnover at a weighted average yield of 12.81%.
“We expect secondary market activity to remain soft in the near term despite rising liquidity”, said Databank Research.
The GH¢376.3 million cocoa bond coupon payment due in early March 2026 should inject additional cash into the system and help anchor yields.
Nonetheless, it said investors are likely to remain selective as they evaluate reinvestment strategies ahead of the bond market reopening.
The Government of Ghana yesterday announced the opening of the bond market to raise long term financing.
Latest Stories
-
Landfilling waste management creates no value, it’s an economic waste
5 minutes -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
21 minutes -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
25 minutes -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
41 minutes -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
44 minutes -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
1 hour -
Women and children among those killed in Sudanese army shelling of wedding celebration
2 hours -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
2 hours -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
2 hours -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
2 hours -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
2 hours -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
2 hours -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
3 hours -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
3 hours -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
3 hours