Bond market: Market turnover tumbled by 60.22% week-on-week to GH¢307.23m
Source
The Ghana Report
The Secondary bond market activity tumbled in last week’s trading sessions.
Total volume traded contracted by 60.22% week-on-week to GH¢307.23 million.
Trading activity decreased largely on the back of the instruments at the belly and the tail of the Lower Yield (LCY) curve, which reversed the most by 100% and 65%, respectively, to GH¢0.63 million and GH¢174.16 million.
Analysts expect activity to remain sluggish on the bond market in the coming week.
This is because investors will improve bids in the primary market for treasury bills.