The Secondary bond market activity tumbled in last week’s trading sessions.
Total volume traded contracted by 60.22% week-on-week to GH¢307.23 million.
Trading activity decreased largely on the back of the instruments at the belly and the tail of the Lower Yield (LCY) curve, which reversed the most by 100% and 65%, respectively, to GH¢0.63 million and GH¢174.16 million.
Analysts expect activity to remain sluggish on the bond market in the coming week.
This is because investors will improve bids in the primary market for treasury bills.
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
-
Minority’s permission for K.T. Hammond to lay cement L.I. a sign of weakness – Murtala Mohammed
28 mins -
GIZ hands over vehicles, equipment to Employment Ministry
59 mins -
AMA highlights rules and regulations for waste management
1 hour -
NPP not copying NDC’s campaign strategy – Frimpong Kodua
1 hour -
Claim that ambulances arrived in 2015 false – AG to Jakpa
1 hour -
Minority allows L.I. on cement pricing to be laid after days of resistance
2 hours -
Ambulances were not defective when they arrived in Ghana – Jakpa clarifies
2 hours -
Frimpong-Kodua: Mahama’s poll numbers likely to drop further
2 hours -
GSS calls for swift intervention to avert overcrowded population in Accra
2 hours -
GRASAG, NCCE sign MoU to promote civic education and governance practices
2 hours -
John Mahama cannot achieve much in 4 years – NPP General Secretary
2 hours -
Climate Loss and Damage: Both developed and developing countries will have to bear cost – Charles Abani
2 hours -
Top performing Ghanaian students honoured by British Council as it marks its 80th anniversary
2 hours -
Ghana’s Chef Smith is the new Guinness World Record holder for cook-a-thon
2 hours -
Asamoah Gyan urges Ibrahim Danlad to go back to basics after Asante Kotoko exit
2 hours