Audio By Carbonatix
Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week.
The general category bonds made up 82% of the volume traded.
The shorter end of the local currency yield (LCY) curve dominated, accounting for 49.44% of turnover, while its yield to maturity (YTM) decreased from 24% to 23%.
Conversely, the YTM for the middle and longer maturities edged up to 25.25% and 25.38%, corresponding to 15.31% and 35.25% of market turnover, respectively.
Analysts believe the increase in trading activity reflects growing participation from offshore investors returning to the market.
They expect this trend to continue, further enhancing liquidity in the coming weeks.
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
-
Attendance at trial is a constitutional duty, not an option
6 minutes -
RTI response raises questions over Bryan Acheampong’s military service claims
13 minutes -
Two women granted bail over assault of 12-year-old; another remanded
16 minutes -
Ghana’s IMF programme extension to August 2026 was to allow more time for final review work – IMF
46 minutes -
No records of Bryan Acheampong’s enlistment and release from the US Army – Parliament says in RTI response
50 minutes -
Daasebre Osei Bonsu III swears oath of allegiance to Asantehene and pledges unity and development for Asante Mampong
1 hour -
We had fruitful deliberations with private transport operators – Transport Minister
1 hour -
45-year-old farmer jailed 15 years for sexually abusing 14-year-old niece
1 hour -
Lawrence Ofori joins Casa Pia after mutually parting ways with Moreirense
1 hour -
Brazil have talent for World Cup, but victory not guaranteed – ESPN’s Bertozzi
2 hours -
NPP race: Don’t waste your vote, Bawumia is winning – Annoh-Dompreh to NPP delegates
2 hours -
NDC still brought Mahama even when he lost by over one million votes – Annoh-Dompreh to NPP
2 hours -
Ofori-Atta becoming a ‘brave coward’ – Franklin Cudjoe backs Arise Ghana protest
2 hours -
Trump links Greenland threat to Nobel Peace Prize snub, EU prepares to retaliate
2 hours -
More than 160 churchgoers kidnapped in twin Nigeria attacks – Clergy
2 hours