Ghana: Bond Market - Turnover Drops 20.58 Percent

8 January 2025
Ghanaian Times (Accra)

Trade activity in the secondary bond market began the year quietly but ended the week with total trades amounting to GH¢522 million.

This was down from GH¢657 million the previous week.

The 2027-2030 maturities accounted for 27 per cent of total trades, with the average yield to maturity (YTM), easing to 25 per cent.

In contrast, the 2031-2038 maturities comprised 73 per cent of total trades, with the average YTM increasing to 28 per cent.

Related Articles

Analysts believe that the former President Akufo-Addo's recent State of the Nation address, where he emphasised the government's commitment to meeting upcoming debt obligations, is likely to enhance investor confidence in the near term.

There is an expected resurgence in trade activity in the coming weeks, particularly as investors react positively to the US$346 million coupon payout to Eurobond holders

Read the original article on Ghanaian Times.

Tagged:
Copyright © 2025 Ghanaian Times. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 110 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.