The Ghanaian secondary bond market sustained the uptrend in activity last week.
This reflected in a notable increase of nearly six times in total face value traded to GH¢546.49 million.
The increase in activity was largely supported by block trades in the February 2027 bond (Average Yield To Maturity: 25.61%), which accounted for nearly half of the aggregate market turnover.
The front of the LCY yield curve continues to drive market activity, contributing 70% of the week’s market turnover, while the belly and the tail jointly accounted for 30%.
Analysts expect exchange volumes on the bond market to improve following end-of-month dynamics, which typically see most banks seeking liquidity through Repo trades.
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
21 mins -
GIZ hands over vehicles, equipment to Employment Ministry
51 mins -
AMA highlights rules and regulations for waste management
57 mins -
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
1 hour -
Ambulances were not defective when they arrived in Ghana – Jakpa clarifies
1 hour -
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