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
-
Creative Canvas 2025: Moliy and the Power of a Global Digital Moment
9 minutes -
Techiman hosts historic launch of GJA Bono East Chapter: Regional pact for balanced journalism
1 hour -
Kasoa: Boy, 6, drowns in open water tank while retrieving football
1 hour -
Five-year-old boy dies after getting caught in ski travelator
4 hours -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
4 hours -
Children should be protected from home fires – GNFSÂ
4 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
4 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
4 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
5 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
5 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
5 hours -
2025 in Review: Fire, power and the weight of return (January – March)
5 hours -
Washington DC NPP chairman signals bid for USA chairmanship
5 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
6 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
6 hours