Trading volumes in the Ghanaian secondary bond market decreased by 41.77% to GH¢881 million in the week under review.
This is compared to GH¢1.5 billion recorded in the previous week.
It was driven primarily by minor exchanges as compared to the previous week.
Moderate exchanges in February 2031 and February 2032 maturities accounted for 74.9% of the total volume traded in the midsection of the curve.
Trades in February 2027 and February 2028 maturities contributed 25.1%, supporting the shorter end of the LCY curve.
Analysts expect these modest exchanges to continue as investors raise short-term liquidity while awaiting the expected GH¢6.1 billion coupon payment due in August 2024.
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
-
My Lord! To be or not to be…
34 minutes -
Samsung Galaxy Unpacked 2025: The next big leap in mobile AI experiences
43 minutes -
Trump vows to leave Paris Climate Agreement and ‘drill, baby, drill’
52 minutes -
Trump orders US to leave World Health Organisation
1 hour -
Proud Boys and Oath Keepers among 1,500 Capitol riot defendants who Trump pardoned
1 hour -
Trump has vowed to end birthright citizenship. Can he do it?
2 hours -
Executive order delaying TikTok ban gets Trump sign-off
2 hours -
Weight-loss drugs may boost health in many ways
2 hours -
Canada avoids Trump’s tariffs – for now
2 hours -
Joyce Bawah Mogtari, Stan Dogbe, Seth Terkper, and Shamima Muslim take on key presidential roles
2 hours -
Carrie Underwood goes a cappella, Melania’s air kiss, and other moments
3 hours -
Melania’s hat, shorts in winter and other eye-catching looks
3 hours -
Trump declares border emergency and scraps asylum app in immigration crackdown
3 hours -
Minority Leader Afenyo-Markin clashes with Appointments Committee Chairman
4 hours -
Mozambique opposition leader open to serving in rival’s government
5 hours