Audio By Carbonatix
Total market turnover on the secondary bond market upsurged by 91.52% week-on-week to ¢336.87 million.
This shows that activities on the bond market are improving.
The upturn in aggregate market turnover was on the back of a 92.54% week-on-week increase in the volume traded across the short-dated new bonds.
The Local Currency Yield curve tilted northward, led by a 113 basis points increase in average yield at the belly of the yield curve.
Analysts believe the Monetary Policy Committee’s decision to raise the policy rate to 30% could likely pose a downside to market activity as it favors treasury bills with attractive yields over existing bonds
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
-
Hawa Koomson pledges experienced and mature leadership of NPP women’s wing
11 minutes -
Young woman found dead at Kasoa Peace Town
44 minutes -
Livestream: The Law examines lawful arrest in Ghana
1 hour -
Mahama urges African governments to treat healthcare as an investment, not budget cost
2 hours -
Bawumia congratulates John Boadu and new NPP executives, pledges support ahead of 2028
2 hours -
‘No talent should be left out’ – Bawumia pledges inclusive NPP campaign for 2028
2 hours -
Prof. Mike Oquaye recounts how he blocked Special Prosecutor’s attempt to arrest Bawku Central MP
2 hours -
Make health sovereignty a priority for Africa – Mahama
2 hours -
Dorimon Naa, Wa West DCE lead massive clean-up exercise; threaten sanctions against recalcitrant residents
3 hours -
Photos from Adom FM Y2K Jam
3 hours -
Praye Tiatia steals the show at Adom FM Y2K Jam [Watch]
3 hours -
Boakye Agyarko congratulates John Boadu, pledges support for NPP leadership
3 hours -
Antwi HiMight thrills fans with Antwi ne Antwi hits at Adom FM’s Y2K Jam [Video]
3 hours -
Amb. Edward Boateng congratulates Boadu, Kodua on election wins
4 hours -
John Boadu pledges to rebuild NPP from grassroots and restore ‘winning machinery’
4 hours