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

Story By: myjoyonline.com

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.

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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.

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