Bond market: Activity eases by 12% to GH¢1.16bn

Story By: myjoyonline.com

Activity in the secondary bond market eased by 12.20% week-on-week, with total volumes settling at GH¢1.16 billion last week.

However, modest price gains were recorded across the General Category bonds.

Overall, the shorter end of the local currency yield (LCY) curve accounted for 49% of total volumes.

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The weighted average yield to maturity (YTM) eased 145 basis points to 20.63%.

The belly and tail segments made up 51% of volumes, with the average YTM closing at 20.44%.

Databank Research said it expects bond market pricing to strengthen further in the near term.

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This will be supported by the recent World Bank financing and the upcoming August 2025 coupon payment.

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