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
-
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
2 hours -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
2 hours -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
2 hours -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
3 hours -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
3 hours -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
3 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
3 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
3 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
4 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
4 hours -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
4 hours -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ comments about kufuor; issues public apology
4 hours -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
4 hours -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
4 hours -
Ensign Global College marks 10th anniversary with 9th congregation
4 hours