The secondary bond market activities rose by 22.72% week-on-week to GH¢ 557 million last week.
This was from GH¢453 million the previous week.
It followed the International Monetary Fund (IMF) staff-level agreement on Ghana’s 4th Economic Credit Facility review.
Trading was led by General Category Bonds, with the Feb 2030 paper topping volumes and closing at an average Yield-To-Maturity of 22.8%.
Activity at the short end of the LCY yield curve improved by 12% week-on-week to 59% of total trades, clearing at an average Yield-To-Maturity of 23%.
The belly-to-tail end accounted for 41%, at 22%.
Analysts expect modest activity in the near term as banks rebalance portfolios ahead of the month-end
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.
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
-
Black Stars could miss key players for 2025 Unity Cup – Dr Randy Abbey
5 hours -
Pyramids grab late equaliser in African Champions League final
7 hours -
EU calls for ‘respect’ after Trump threatens 50% tariffs
7 hours -
Ronaldo ‘could play’ in Club World Cup – Infantino
7 hours -
Amorim tells Garnacho he can leave Man Utd
7 hours -
Djokovic makes more history with 100th singles title
7 hours -
Ten Hag set to replace Alonso as Leverkusen manager
7 hours -
Salis’ Sunderland secure Premier League return
7 hours -
Assin Fosu chiefs and elders bless TGMA Unsung Artiste of The Year, Yaw Darling
8 hours -
Middle-aged, 2 children trapped in their home after a fig tree sealed their frontage doors
8 hours -
Roots of resistance: The climate cost of cutting Accra’s trees
8 hours -
Reimagining Informality: Harnessing the Urban potential of street vending in Ghana
9 hours -
Former Yendi MP Dr Farouk Mahama donates towards funeral of late Mion chief
9 hours -
Ghana Gas board pledges accountability and staff support during operational tour
9 hours -
Burkina Faso’s uprising is a rebirth, not rebellion – Ras Mubarak
9 hours