Audio By Carbonatix
The total volume exchanged on the secondary bond market for Government of Ghana papers declined by 83.21% week-on-week.
This reflected the lowest market turnover of GH¢174.41 million in 20 weeks.
The bond exchanges recorded for the week were almost evenly spread across the front and the tail end of the LCY yield curve, with no transaction at the belly of the curve.
The government during the week paid off coupon obligations on the new bonds, releasing a total of about GH¢5.1 billion to investors.
Analysts expect exchange volumes on the bond market to improve following the payment of coupons on the new bonds.
Meanwhile, depending on market conditions, the government may issue 2-year to 7-year notes in March 2024.
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
-
Women and children among those killed in Sudanese army shelling of wedding celebration
45 seconds -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
19 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
37 minutes -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
38 minutes -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
41 minutes -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
44 minutes -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
1 hour -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
1 hour -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
1 hour -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
2 hours -
Nigeria convicts 386 Islamist militants in mass trials
2 hours -
Djibouti president wins election with 97.8% of vote, state media says
2 hours -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
2 hours -
Christina Koch becomes first woman to travel around the moon on Artemis II
2 hours