https://www.myjoyonline.com/bond-market-activities-pick-up-by-10-22-to-gh%c2%a2999m/-------https://www.myjoyonline.com/bond-market-activities-pick-up-by-10-22-to-gh%c2%a2999m/

Activities in the secondary bond market picked up by 10.22% week-on-week to GH¢999 million last week from GH¢907 million.

The February 2027 and February 2031 maturities accounted for 49% of total volumes traded.

Overall, bonds maturing between 2027 and 2030 dominated, capturing 54% of trades at an average yield to maturity (YTM) of approximately 23%.

The 2031–2038 segment however contributed 46% at an average yield of 24%.

Analysts expect subdued bond market activity in the coming weeks as investors reassess risks following the Monetary Policy Committee’100 basis points hike to 28% and plans to reopen the market.

While longer-dated issuances to pension funds may provide stability, uncertainty around liquidity conditions and risk premiums could steepen the yield curve in the near term.

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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.