Trade activity in the secondary bond market edged up 0.52% week-on-week to GH¢1.15 billion, from last week’s GH¢1.14 billion.
This was supported by month-end rebalancing and improving sentiment.
Activity was broadly spread across the LCY curve, with the August 2027 and February 2036 papers driving 39% of total volumes.
The 2027–2030 segment accounted for 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 improved investor sentiment.
In the near term, they expect sustained market liquidity as foreign exchange resilience underpins optimism.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.