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.

Source: Joy Business

This is compared to GH¢1.5 billion recorded in the previous week.

It was driven primarily by minor exchanges as compared to the previous week.

Moderate exchanges in February 2031 and February 2032 maturities accounted for 74.9% of the total volume traded in the midsection of the curve.

Trades in February 2027 and February 2028 maturities contributed 25.1%, supporting the shorter end of the LCY curve.

Analysts expect these modest exchanges to continue as investors raise short-term liquidity while awaiting the expected GH¢6.1 billion coupon payment due in August 2024.