Bond market: Turnover rose by 54% to GH¢2.47bn

Story By: Williams Agyapong

The secondary bond market sustained its positive momentum this week, with total turnover rising by 54.21% week-on-week to GH¢2.47 billion.

Trading was concentrated in the February 2029 paper, which accounted for GH¢815.94 million in trades executed.

The 2027–2030 segment emerged as the market anchor, accounting for 87.6% of total turnover at a weighted-average yield of 14.54%.

- Advertisement -

The 2031 2034 maturities attracted modest investor interest, accounting for 12.4% of trades at a weighted average yield of 15.11%.

In contrast, activity along the 2035–2038 maturities were largely muted throughout the week.

As expected, market activity remained buoyant, underpinned by improved liquidity conditions and sustained investor engagement.

- Advertisement -

“Looking ahead, we anticipate the positive market sentiment to persist, with investors likely to stay positioned in maturities that offer both liquidity and attractive risk-reward dynamics”, Databank mentioned.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *