Trading activity for the Government of Ghana bonds rebounded after losing significant steam in the prior week.
Impressively, the total volume traded advanced significantly, reaching a post-Domestic Debt Exchange Programme (DDEP) record high of ¢1.26 billion.
The February 2028 (coupon: 8.5%) and February 2030 (coupon: 8.8%) papers constituted 87% of total market turnover.
The 2027 to 2030 tenors traded around a weighted average yield of 14.46%, while the 2031 to 2033 papers were exchanged at 13.52%.
With investors gradually regaining confidence in the Ghanaian economy, the bond market is likely to continue to record improved 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.
- President Commissions 36.5 Million Dollars Hospital In The Tain District
- You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
- I Will Lead You To Victory – Ato Forson Assures NDC Supporters
Visit Our Social Media for More
About Author
