https://www.myjoyonline.com/bond-market-market-turnover-expands-to-gh%c2%a2546-49m/-------https://www.myjoyonline.com/bond-market-market-turnover-expands-to-gh%c2%a2546-49m/

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.

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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.