Trading activity remained upbeat last week, as the total face value traded increased to ¢418.57 million, 143.30% growth.
Activity in the new bonds garnered strong momentum following block transactions on the 5-year bond (maturity: Feb-28), accounting for 53% of the total volume traded.
Overall, investors remained focused on the 2027-2030 maturities, contributing nearly 100% of the total market turnover.
Analysts remained optimistic about trading activity on the secondary bond market as Ghana’s economy partly responds positively to various fiscal consolidation measures, improving investor confidence.
Meanwhile, treasury yields will remain under upward pressure in the near-term. This is given the treasury bills remain the only domestic borrowing instrument available to the authorities amidst conditional inflows from International Monetary Fund related sources
Latest Stories
-
NSS management assists Papao fire victims
3 mins -
EXPLAINER: Will dumsor end soon?
34 mins -
IMANI Africa takes on EC, accuses it of lying and publishing half truths
2 hours -
Manasseh Azure calls for investigation and prosecution of those responsible for GRA/SML contract
2 hours -
Kwesi Atuahene: Ghana’s health capital depends on HealthTech – Africa Center for Digital Transformation
2 hours -
13 signs your wife is planning on leaving you and you have no idea
2 hours -
IMANI Africa: Ghana’s EC’s dangerous and pathological conduct
2 hours -
If I speak there will be fire – Salah on Klopp row
3 hours -
Grieving after divorce is normal, but this particular kind of grief isn’t
3 hours -
10 beautifully unexpected ways husbands proposed to their wives
3 hours -
Reality zone with Vicky Wireko: Painting Ghana purple: Be aware, May is month of mental health awareness
3 hours -
Prof Opoku-Agyemang’s integrity is admirable – Inusah Fuseini
4 hours -
Your reign has been a beacon of wisdom – Alan Kyerematen tells Asantehene
4 hours -
Akufo-Addo’s driver wins La Dadekotopon NPP primary
4 hours -
Education Minister must channel resources to rebrand basic public schools into tackling critical needs – Minority
4 hours