Trading volumes in the Ghanaian secondary bond market decreased by 41.77% to GH¢881 million in the week under review.
This is compared to GH¢1.5 billion recorded in the previous week.
It was driven primarily by minor exchanges as compared to the previous week.
Moderate exchanges in February 2031 and February 2032 maturities accounted for 74.9% of the total volume traded in the midsection of the curve.
Trades in February 2027 and February 2028 maturities contributed 25.1%, supporting the shorter end of the LCY curve.
Analysts expect these modest exchanges to continue as investors raise short-term liquidity while awaiting the expected GH¢6.1 billion coupon payment due in August 2024.
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
-
Melcom opens its doors at Accra Mall
33 seconds -
EC calls for maximum security to complete re-collation process in 9 constituencies
6 minutes -
Kwabena Kwabena, Kofi Nti to take over Ike City Hotel’s Sky Bar on Dec. 21
26 minutes -
EC won’t uphold ‘lawless’ declaration of results – Jean Mensa
32 minutes -
460,000 students face uncertainty as WAEC delays results over GH₵118m debt
42 minutes -
Parents of East Legon accident teen fined GH₵12,000 for negligence
59 minutes -
GMA condemns attacks on official bungalow of Ashanti Regional Chairman
1 hour -
Paul Pogba’s brother sentenced to a year in prison for extortion
1 hour -
Gospel artiste Frank Owusu wraps up 2024 with new single, worship event
1 hour -
GPL 2024/25: Hearts seek redemption in Berekum Chelsea contest after Kotoko defeat
1 hour -
Karpowership Ghana spreads Christmas cheer to children at Echoing Hills Village
1 hour -
‘Together, we rebuild’ – UG NDC Lecturers Caucus calls for national unity in tackling Ghana’s challenges
2 hours -
Mahama’s victory a triumph for transformative leadership in education – UG NDC Lecturers Caucus
2 hours -
Full text: Electoral Commission update on outstanding results of 9 constituencies
2 hours -
Our staff were under threat to make some declarations – Electoral Commission
2 hours