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.
