https://www.myjoyonline.com/bond-market-trade-volumes-rise-to-gh%c2%a2663m/-------https://www.myjoyonline.com/bond-market-trade-volumes-rise-to-gh%c2%a2663m/
Stocks

Bond market: Trade volumes rise to GH¢663m

Activities in the secondary bond market increased from GH¢500 million last week to approximately GH¢663 million.

Most transactions were concentrated on the August 2027 and February 2027 maturities, yielding an average yield to maturity (YTM) of 21.33% and 23.43%, respectively.

Notably, a significant portion of the trading occurred at the belly-to-tail end of the local currency yield (LCY) curve, accounting for about 31.75% of total volumes traded.

Overall, maturities from 2027 to 2023 represented 54.67% of market turnover, while those from 2031 to 2038 captured 45.33%, with YTMs settling at an average of 23.14% and 24%, respectively.

In the near term, analysts expect moderate market turnover and increased sell-buy backs as investors aim to secure short-term liquidity ahead of month-end.

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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.