Activity in the secondary bond market rose by 12.45 percentage points to GH¢746 million last week, compared to about GH¢663 million the previous week.
The August 2027 maturities accounted for most of the trades, with yields to maturity (YTM) rising by 260 basis points to 23.93%.
Notably, the February 2029 and February 2030 maturities led trading volumes, together accounting for 39% of total transactions, with average YTMs of 24.95% and 24.46%, respectively.
Overall, the shorter end of the local currency yield (LCY) curve represented 62.6% of market activity at an average YTM of 24.39%.
The mid-term maturities accounted for 37.4% at an average YTM of 25.56%.
Analysts expect overall trade activities to moderate next week, with improved activity in the mid-term segment of the local currency yield (LCY) curve.
Latest Stories
-
The Keeper’s Music unveils Neyty with new single ‘Most High God’
56 seconds -
Bawumia outlines 8 initiatives to create 4 million jobs for youth if elected president
7 mins -
Over 4,000 unpaid teachers demand payment of 16 months arrears from government
21 mins -
I’ve apologised to Gloria Sarfo over flight issues – AMAA Country Director
22 mins -
Ghana nearly lost $9 billion to arbitrary claims in last four years – Attorney General
42 mins -
FWSC responds to CLOGSAG strike declaration, urges return to negotiation
1 hour -
Members contribute to ‘transport’ national team – Volleyball Vice President laments financial struggles
1 hour -
New SHS curriculum provides adaptive learning pathways – EduWatch
2 hours -
Pay NABCO trainees – Mahama challenges Bawumia
2 hours -
Police ‘waiting for court date’ on Erastus’ case is a lie – Samson Anyenini
2 hours -
Sports facilities are better managed by institutions – UG Sports Director on maintenance of Legon stadium
2 hours -
Ghanaian businesses must align vision with strategy to mitigate ESG Risks – KPMG
3 hours -
MTN achieves 30% localisation of Scancom PLC
3 hours -
Attorney-General: Some lawyers sacrifice ethics for ‘cheap’ political gains
3 hours -
Bond market: Volume up by 12.45% to GH¢746m
3 hours