Audio By Carbonatix
Volume traded on the new Government of Ghana bonds fell by 21.09% week-on-week to ¢119.05 million last week.
This follows the completion of the Domestic Debt Exchange Programme.
According to the weekly market update, trading activity on GoG bonds dipped last week as aggregate volume traded retreated 21.09% week-on-week to ¢119.05 million.
The new bonds did not get much traction as they constituted 34% of market turnover.
The front end of the yield curve compressed by 90 basis points, with only the 2027 – 2030 maturities traded for the new bonds on the market.
Analysts believe the new bonds will continue to trade around par levels this week, with little activity expected on the market.
With interest rates falling, bond prices are expected to go up soon to boost market activity
Latest Stories
-
Tyson Fury dominates Makhmudov, calls out Joshua next
3 minutes -
I have supported highway authority financially to fix roads in my constituency – A Plus
1 hour -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
2 hours -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
2 hours -
Port crises loom as 11,000 drivers threaten four-day strike
3 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
4 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
4 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
5 hours -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
6 hours -
Monetise Idiocy In Ghana
6 hours -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
6 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
7 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
7 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
7 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
7 hours