Audio By Carbonatix
The total volume exchanged on the secondary bond market for Government of Ghana papers lost steam last week.
The market turnover declined sharply by 88.05% week-on-week to GH¢18.51 million.
Notably, the decline in market activity was largely driven by a 95% week-on-week decrease in exchange activity across the front and tail of the LCY yield curve.
However, market activity bounced back at the belly of the curve.
This constituted 27%% of the weekly aggregate market turnover.
Analysts expect exchange volumes to remain sluggish in the bond market as the treasury bills continue to drive secondary market activity.
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
-
Gov’t to upgrade all rural telephony networks to 4G capability – Sam George
35 seconds -
‘We’ve never seen a CJ in our judiciary system who is everywhere like MTN’ – Janet Nabla
2 minutes -
Lawyers, prosecutors fume over abandoned 26-year-old Upper West High Court project
6 minutes -
At least two dead in blast at Bolivia military barracks
39 minutes -
Tate brothers officially indicted with trafficking and sex crimes in Romania
41 minutes -
US envoys arrive in Moscow ahead of Ukraine talks
45 minutes -
Health Minister to brief media on Free Primary Healthcare programme on Monday
58 minutes -
‘It was inappropriate to make that comparison’ – Dr Pumpuni Asante on CJ’s SOE comment
1 hour -
Photos: Final-day shopping continues at Joy FM Back-to-School Discount Fair
2 hours -
Darkey and Frimpong set up J30 Accra boys’ doubles final
2 hours -
When war takes more than territory: The human cost of conflict
2 hours -
Review SHS placement policy to give more BECE candidates access – Kwesi Kwarteng
2 hours -
Tano South Municipal Assembly moves to curb road carnage with speed ramps
2 hours -
Duvor Klu, Gakpo win J30 Accra girls’ doubles title
2 hours -
ITF Juniors Tournament: Duvor Klu claims with straight-sets victory over Gakpo
2 hours