Audio By Carbonatix
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
-
New iPhones, new features: Is it time to upgrade?
26 minutes -
Scaling Enterprise AI across Africa: From technology to real-world impact
30 minutes -
Fibre Broadband isn’t complicated: You’re just overthinking it
35 minutes -
Arrest all officials who handled cocaine-linked container – Nitiwul
1 hour -
DTI inaugurates Academic Council, Industry Advisory Committees to strengthen TVET delivery
1 hour -
DTI, Ghana TVET Service partner to promote TVET education and youth employment
1 hour -
Large crowd of mourners attend one-week observation of Kessben; final funeral rites set for November 26–28
2 hours -
Nitiwul calls for GPHA boss Paul Tanye-Kulono to step aside over cocaine probe
2 hours -
Over 90 apprentices, master craftspersons in Wa East receive industrial tools under National Apprenticeship Programme
2 hours -
SOL Energy, subsidiary of Star Oil, secures provisional BIDEC licence from NPA
2 hours -
Six other people in custody as Ghana investigates drug trafficking through ports – Felix Kwakye Ofosu
2 hours -
Suicide Prevention Awareness Month : Before another young Ghanaian says goodbye
2 hours -
Revolutionizing education in Kenyasi No. 1: The visionary leadership of Nana Osei Kofi Abiri
2 hours -
Climate-vulnerable countries spend nearly 25 times more on debt than climate action – ActionAid report
2 hours -
Queen Mothers congratulate Ayariga, seek greater inclusion in traditional affairs
2 hours