The secondary bond market declined by 22.73 percentage points to GH¢403 million last week.
This is down from GH¢522 million the previous week.
The shorter end of the yield curve dominated trading, with maturities from 2027 to 2030 accounting for 65% of total trades at an average yield to maturity (YTM) of 27%.
The maturities from 2031 to 2034 comprised 35% at an average YTM of 28%.
Analysts expect a quiet session next week, with only minor repo trades for collateral purposes, as investor interest in T-bills grows.
This is due to their attractive yields and safety compared to the bond market.
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
-
Teddy Osei of Osibisa fame dead
18 minutes -
Alexander Djiku hails Fenerbahce’s effort in hard-fought win over Konyaspor
50 minutes -
U-20 World Cup 2009: Black Satellites players reject payment on matured investment
55 minutes -
We reaffirm our unwavering support for government’s efforts to ensure stable, affordable electricity – IPGG
1 hour -
Baseball: Ghana’s Golden Palms retain African Youth Championship title
1 hour -
ORAL is set up to settle political goals, revoke it – Ansah-Asare
1 hour -
Hamas has accepted a draft agreement for a Gaza ceasefire and the release of hostages, officials say
1 hour -
Joy Prime’s Changes Wedding Gown giveaway: Rose Abaya rocks gifted gown from Peace Bridals
1 hour -
This economy has to deliver jobs for Ghanaians – Dr Theo Acheampong
1 hour -
I went to Shatta Wale for advice during my campaign – A Plus
1 hour -
Mahama embarks on peace mission to Bawku and Nalerigu
1 hour -
Karela United closes in on Nurudeen Amadu as new head coach
2 hours -
Kotoko’s Amoah ruled out for 2 months with ankle injury
2 hours -
Akufo-Addo’s government showed no interest in investigating election-related deaths – Peter Toobu
2 hours -
ORAL is corruption CCTV – Ablakwa
2 hours