The Ghanaian secondary bond market sustained the uptrend in activity last week.
This reflected in a notable increase of nearly six times in total face value traded to GH¢546.49 million.
The increase in activity was largely supported by block trades in the February 2027 bond (Average Yield To Maturity: 25.61%), which accounted for nearly half of the aggregate market turnover.
The front of the LCY yield curve continues to drive market activity, contributing 70% of the week’s market turnover, while the belly and the tail jointly accounted for 30%.
Analysts expect exchange volumes on the bond market to improve following end-of-month dynamics, which typically see most banks seeking liquidity through Repo trades.