advert

Bond market: Activity edged up 0.53% week-on-week toGH¢1.15bn – MyJoyOnline

1 Min Read
Bond market: Activity edged up 0.53% week-on-week toGH¢1.15bn – MyJoyOnline

0:00

Trade activity in the secondary bond market edged up 0.52% week-on-week to GH¢1.15 billion, from last week’s GH¢1.14 billion.

This was supported by month-end rebalancing and improving sentiment.

Activity was broadly spread across the LCY curve, with the August 2027 and February 2036 papers driving 39% of total volumes.

The 2027–2030 segment accounted for 44% of trades, clearing at an average Yield-To-Maturity (YTM) of 21%.

Maturities from 2031–2038 made up the remaining 56%, with an average YTM of 22%.

Analysts attribute the improved trading activity to continued month-end rebalancing and believe the cedi’s enhanced stability has improved investor sentiment.

In the near term, they expect sustained market liquidity as foreign exchange resilience underpins optimism.

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.

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.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version