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Bond market: Total turnover declined by 33.39% week-on-week to GH¢507.85m

Source The Ghana Report

The secondary bond market activity saw lacklustre trading sessions last week.

The total volume of transactions decreased by 33.39% week-on-week to GH¢507.85 million.

Though trading activity was recorded nearly across all papers, the week’s turnover decreased due to a 74% decline in activity across the 2035 to 2038 papers.

Meanwhile, the activity bounced back across the 2027 to 2030 bonds, contributing 43% of the aggregate market turnover.

Analysts expect the secondary bond market to maintain its lacklustre trend as the treasury bills market continues to seize substantial investor attention.

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