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
-
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
2 hours -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
2 hours -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
3 hours -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
3 hours -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
3 hours -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
3 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
3 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
3 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
4 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
4 hours -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
4 hours -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ comments about kufuor; issues public apology
4 hours -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
4 hours -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
4 hours -
Ensign Global College marks 10th anniversary with 9th congregation
4 hours