Trading on the secondary bond market was upbeat last week.
This is partly on the back of positive remarks from the International Monetary Fund, following the first review of Ghana’s $3 billion Economic Credit Facility.
Investors exchanged a total volume of ¢582.64 million, representing a 45.26% increase week-on-week in Government of Ghana bonds.
The February 2027 and February 2028 papers jointly dominated trading activity, contributing 84% out of 107 trades recorded during the week and over 90% of the market turnover.
Bond yields at the front of the LCY curve declined 187 basis points to 12.47%.
Analysts expect trading activity to remain strong this week due to improving investor confidence.
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
-
‘Expired’ rice scandal: FDA is complicit; top officials must be fired – Ablakwa
19 mins -
#TheManifestoDebate: We’ll provide potable water, expand water distribution network – NDC
37 mins -
IPR Ghana@50: Pupils educated to keep the environment clean
43 mins -
PenTrust CEO named ‘Best Pensions CEO’, company wins ‘Scheme Administrator Award’ at Ghana Accountancy & Finance Awards 2024
1 hour -
Alan Kyerematen’s ‘Brighter Future for Health Professionals’ in Ghana Revealed in Bono
1 hour -
#TheManifestoDebate: NPP will ensure a safer, cleaner and greener environment – Dr Kokofu
1 hour -
2024 Election: Police to deal with individuals who will cause trouble – IGP
1 hour -
Seychelles President’s visit rekindles historical and diplomatic ties with Ghana
1 hour -
Election 2024: EC destroys defective ballot papers for Ahafo and Volta regions
2 hours -
2024 Election: I am sad EC disqualified me, but I endorse CPP’s candidate – PNP’s Nabla
2 hours -
I want to build a modern, inclusive country anchored by systems and data – Bawumia to CSOs
2 hours -
Miss Health Ghana 2024: Kujori Esther Cachana crowned new Health Ambassador
2 hours -
Playback: The manifesto debate on WASH and climate change
2 hours -
Alan Kyerematen saddened by NDC and NPP’s neglect of Krofrom Market in the Ashanti Region
2 hours -
CSIR Executive Director urges farmers to adopt technology for improved farming
3 hours