Trading activities in the secondary market moderated, with total volume traded declining by 39.24% to GH¢1.3 billion.
This was down from GH¢2.1 billion recorded in the previous week.
However, the transaction count saw an uptick of 70% to 216, up from 127 in the prior week.
Trading activity was concentrated in the belly of the LCY curve, accounting for 37.4%, while the shorter and tail ends of the curve represented 36.4% and 26.2%, respectively.
The February 2033 and Feb 2027 bonds accounted for 23% and 21% of the total volume traded, respectively, with average yields of 27.69% and 28.07%.
Analysts expect trading activity to pick up as banks increase repo transactions towards month-end to manage short term liquidity
Story By myjoyonline.com
