Bond market: Total turnover surged by 136.59% to GH¢2.1bn

Trading activities in the secondary market experienced a notable rebound last week.

Total volume traded reaching GH¢2.1 billion and a transaction count of 127, marking the highest activity since December 2023.

This was driven primarily by increased exchanges across all tenors.

The maturities for February 2027 and February 2037 represented 41% and 32% of the total volume traded, respectively.

Overall, trading remained concentrated on the shorter end of the LCY curve, which contributed to 58.6% of the total trade volume, while the belly and tail ends accounted for 39.93% and 1.47%, respectively.

Analysts expect trading activities to ramp up as investors look forward to a GH¢6.1 billion coupon payment this week.