NDK launches Bond Index

NDK launches Bond Index

NDK Financial Services has launched a new initiative called “Aggregate Bond Index”, which allows investors and fund managers better measure the performance of their portfolios to know which market is more profitable.

Executive Director of NDK Financial Services, Mr. Collins Appiah told ADOMBUSINESS that because there is no measure to monitor activities accurately it is difficult for investors to track the performance of their investments and take decisions.

“The index will provide a benchmark for investments decisions and create awareness of trading on the secondary market for public debt instruments,” he said

Collins Appiah indicated that NDK is working together with Central Securities Depository to facilitate price discovery and advise investors.

He added that the index includes Bank of Ghana and government Treasury securities, Government agency bonds, corporate bonds, Mortgage-backed bonds and foreign bonds traded in Ghana.