Total market turnover on the secondary bond market receded by 48.93% week-on-week to ¢172.04 million.
On the secondary market, the new bonds experienced robust trading activity.
However, overall market turnover recorded a decline to ¢172.04 million (-48.93% week-on-week).
All new bonds recorded significant transactions, with the 2031-2033 and 2034- 2038 maturities jointly contributing 42% of the total face value traded.
Analysts believe the end-of-month portfolio adjustment by pension funds and other asset managers will likely sustain the robust trading activity this week.
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
-
‘It’s unfortunate we had to protect the public purse from Akufo-Addo’ – Ablakwa on ORAL Team’s mission
16 minutes -
Congo lawyers say Apple’s supply chain statement must be verified
29 minutes -
Stampede in southwestern Nigerian city causes multiple deaths
54 minutes -
Tens of thousands without water in Mayotte as curfew brought in
1 hour -
ORAL: We won’t witch-hunt, we’ll focus on transparency, not revenge – Ablakwa
1 hour -
Attempted robbery: Accused claims he carried cutlass for protection
2 hours -
Excavator operator jailed for stealing
2 hours -
African fans age-shame me for putting on some outfits – Tiwa Savage
2 hours -
Tiwa Savage criticised by female fans for stance on cheating in relationships
2 hours -
Bank of England expected to hold interest rates
3 hours -
Congo river boat sinks killing at least 22
3 hours -
Nigeria approves Shell’s $2.4 billion asset sale to Renaissance
3 hours -
Embattled Liberian speaker questioned by police over parliament fire
4 hours -
‘I won’t be a judge in my own court; ORAL is about protecting public purse’ – Ablakwa
4 hours -
Bawumia joins thousands in Kumasi for burial prayers for Ashanti Regional Imam
4 hours