Audio By Carbonatix
Total turnover on the bond market retreated by 52.94% week-on-week to GH¢336.90 million last week.
The decrease in activity partly came on the back of a shorter trading week resulting from the Eid ul-Fitr celebration.
The front end of the Local Currency (LCY) yield curve continues to see a bulk of market activity, with over 55% of the aggregate weekly turnover.
Meanwhile, the February 2036 papers at the tail of the LCY curve recorded some minor exchanges.
Ghana reached an International Monetary Fund Staff-Level agreement on its second review, with positive remarks on key benchmarks and gradual economic progress.
Notably, the review revealed that Ghana is on track to achieve a fiscal primary surplus of 0.5% of Gross Domestic Product in 2024.
Analysts believe this is positive for the bond market as it calms sentiments about the country’s fiscal position in this election year.
Latest Stories
-
‘Ghana lost a president, but I lost a mentor and a friend’ – Mahama pays tribute to Atta Mills
8 minutes -
Ghana’s High Commissioner to UK commits to support Team Ghana at Commonwealth Games
25 minutes -
Photos: Flood Mitigation Task Force begins phased dredging, demolition exercise in Accra
32 minutes -
ICC top prosecutor removed over sexual misconduct allegations
41 minutes -
Glasgow 2026: Ghanaian boxer Abdul Wahid Omar eliminated after unanimous points defeat to Patris Mughalzai
48 minutes -
Ghana Gas CEO Judith Adjobah Blay earns Master of Laws degree from University of Nottingham
51 minutes -
Gender Minister leads monitoring exercise to strengthen School Feeding Programme
51 minutes -
Gov’t advocates capacity building for Ghana’s creative industry at interior design masterclass
54 minutes -
Flood Mitigation Task Force begins phased dredging, desilting and demolition exercise across various locations in Accra
1 hour -
The Brotherhood: ‘Pastors should stop teaching that sex before marriage is wrong’ – MC Mr. Hanson
1 hour -
Komfo Anokye Blood Bank appeals for more donors amid fears of blood shortage due to rising road crashes
2 hours -
National standardised test will identify learning gaps, not fail pupils – Dr. Apaak
2 hours -
The AI infrastructure race is not the only race that matters
2 hours -
2026 Ga Homowo Health Walk set for bigger show as Bills Micro Credit donates GH¢350,000
2 hours -
71% of HR professionals say they are underpaid — SEDAT report urges action on pay inequity
3 hours