Bond Market: Trading Activity Declines By 23.15% To GH¢1.18Bn

Trading activity in the secondary bond market declined by 23.15% week-on-week, with total volumes closing at GH¢1.18 billion, down from GH¢1.53 billion.

The price action was broad-based across general category bonds.

The 2027–2030 maturities led trading with a 57% share and an average Yield-To-Maturity (YTM) of 21.47% (+0.5 percentage points).

The 2031–2038 papers accounted for 43%, with an average YTM of 21.62%.

Analysts expect trading activity to remain relatively muted in the coming week, as institutional investors shift focus to the Bank of Ghana’s newly issued 273-day bill.

Source: myjoyonline