Bond Market: Activity edged up 0.53% week-on-week to GH¢1.15bn

-

Trade activity in the secondary bond market edged up by 0.52% week-on-week to GH¢1.15 billion, from GH¢1.14 billion the previous week.

This was supported by month-end rebalancing and improving investor sentiment.

Activity was broadly spread across the LCY curve, with the August 2027 and February 2036 papers accounting for 39% of total volumes.

The 2027–2030 segment represented 44% of trades, clearing at an average Yield-to-Maturity (YTM) of 21%.

Maturities from 2031–2038 made up the remaining 56%, with an average YTM of 22%.

Analysts attribute the improved trading activity to continued month-end rebalancing and believe the cedi’s enhanced stability has boosted investor confidence.

In the near term, they expect sustained market liquidity, as foreign exchange resilience underpins optimism.

READ ALSO: