ghana market commentary

GHGB trading remained muted in yet another session.  Very little price action was recorded on the day with clips of Jan-22; Apr-24 and Nov-26 changing hands at 18.15%, 19.80% and 20.55% respectively.  We expect trading activity to pick up in upcoming sessions. On a YTD basis, yields at the front to belly of the curve witnessed an average decline of 96bps while the back end of the curve has witnessed an average increase of ~65bp.