Trade volumes in the secondary bond market increased significantly last week ahead of the general elections.
This rose by approximately 31.02 percentage points to reach GH¢715 million.
Despite the increase, the number of trades remained limited, primarily concentrated in the short and belly segments of the curve.
Notably, maturities from 2027 to 2030 accounted for 56.49% of total trades, with a yield to maturity of 23.21%, while maturities from 2031 to 2034 represented 43.31% of the total volume traded.
This eased to a Yield-to-Maturity (Y-T-M) of 25.27%.
Looking ahead, analysts expect activity in the secondary bond market to improve, particularly in T-bills, following a relatively peaceful election outcome.
They believe Ghana’s successful election is likely to positively influence market sentiment among foreign investors in the near term.
Latest Stories
-
Parliament approves new GH¢1 fuel levy after minority walkout
58 minutes -
Tesla executives questioned Musk after he denied killing $25,000 EV project, sources say
2 hours -
Oreo maker sues Aldi in US over ‘copycat’ packaging
2 hours -
US steel and aluminium tariffs doubled to 50%
2 hours -
Ghana’s legal education debate: Are we expecting too much too soon?
2 hours -
Alcaraz storms through to semi-final with Musetti
2 hours -
Black Queens wrap up Abidjan training tour with defeat to Côte d’Ivoire
3 hours -
Inzaghi leaves Inter Milan ‘by mutual agreement’
3 hours -
‘Man Utd didn’t need the money’ – Fernandes rejects Al-Hilal move
3 hours -
Cybercrime ringleader, 10 others remanded in custody
3 hours -
Gov’t to expand student loans to all tertiary institutions – Education Minister
3 hours -
WaterAid Ghana, Guinness Ghana commission water project in Upper West Region
3 hours -
Energy levy: ‘You can’t continue pouring water into a leaking bucket’ – COPEC warns
3 hours -
Rising Star: Yvonne Dadson’s groundbreaking research earns international recognition
3 hours -
Suicide bomber killed in Uganda on Christian holy day, army says
3 hours