Trading activity in the secondary bond market declined by 23.15% week-on-week, with total volumes closing at GH¢1.18 billion from GH¢1.53 billion.
The price action was broad-based across general category bonds.
The 2027-2030 maturities led trading with a 57% share and an average Yield-To-Maturity of 21.47% (+0.5 percentage points).
The 2031–2038 papers accounted for 43% at an average YTM of 21.62%.
Analysts expect trading activity to remain relatively muted in the coming week.
This is because institutional investors are shifting focus to the Bank of Ghana’s newly issued 273-day bill.
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
-
33 million posts analysed since 2022 as FIFA marks International Day for Countering Hate Speech
9 minutes -
Delinquency and infraction fees have been there since 2012 – DVLA boss
9 minutes -
Diana Hamilton to walk the runway in debut fashion showcase
11 minutes -
Let’s scrap protocols arrangements – DVLA boss
19 minutes -
Stanchart announces GH₵1.6704 per share dividend for shareholders
40 minutes -
TOR’s revival: Will implementing an OILBOARD initiative the answer?
48 minutes -
Kotoko present FA Cup trophy to Life Patron Otumfuo Osei Tutu II
53 minutes -
Failure to re-open local bond market, others to weigh on Ghana’s rating – Fitch
54 minutes -
FA charge Chelsea’s Mudryk with doping offences
1 hour -
Embrace transformative ESG ambition – KPMG urges businesses
1 hour -
Makola onion seller sues Telecel for GH¢2 million over privacy breach
1 hour -
“I’m not going to cast just because I’m looking for new faces” – Shirley Frimpong-Manso
1 hour -
I want to ‘kill’ all television stations showing unauthorised movies – Shirley Frimpong-Manso
2 hours -
CIHRM urged to champion public sector efficiency – Education Minister
2 hours -
Forgive us – NPP begs Ghanaians
2 hours