The Ghanaian secondary bond market experienced a notable increase in total face value traded to GH¢93.86 million.
This is a five times improvement over the preceding week.
The increase in activity was partly supported by block volumes in the February 2030 bond (Average Yield To Maturity: 23.46%), which accounted for a third of the aggregate market turnover.
Overall, the front of the LCY [Lower Curve] yield curve contributed 54% of the week’s market turnover.
On the other hand, the belly and the tail accounted for 26% and 20%, respectively.
Analysts expect exchange volumes on the bond market to improve but still below the GH¢100 million mark.
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
-
KiDi, Joe Mettle, Kwan Pa, others thrill patrons at MTN Festival of Nine Lessons and Carols
23 minutes -
Re-collation: Patrick Boamah wins Okaikwei Central seat
36 minutes -
Re-collation: NPP’s Eric Nana Agyemang-Prempeh declared winner of Ahafo Ano North
38 minutes -
Chaos as Ebi Bright demands total re-collation amid Dafeamekpor fury at EC G/A Office
43 minutes -
NPP’s Charles Forson declared winner of Tema Central seat
1 hour -
Re-collation: Annoh-Dompreh declared winner of Nsawam-Adogyiri seat
2 hours -
Low trust in EC fueling ‘protect the ballot’ mentality among political parties – CDD-Ghana
2 hours -
Ongoing re-collation illegal – Ablakwa
2 hours -
Tema Central re-collation stalls as returning officer cites threats on his family amid chaos
2 hours -
Akufo-Addo grants Presidential Charter to Entrance University of Health Sciences and 13 others
2 hours -
Election re-collation: Go to IPAC and dialogue, says Rev. Dr. Fred Deegbe
2 hours -
We have no knowledge of court petition to halt re-collation – EC
2 hours -
Televising re-collation will boost public confidence in election results – Barker-Vormawor
3 hours -
Re-collation: EC announces NPP’s Patrick Boakye Yiadom as winner of Obuasi East seat
3 hours -
What happened at Tesano collation centre was a disgrace to democracy – Frank Davies
4 hours