Activity in Ghana’s secondary bond market surged dramatically last week, with turnover climbing 189.55% from the prior week to reach GH¢4.61 billion.
Liquidity stayed tightly focused, as the February 2031 benchmark bond led the pack, making up GH¢1.53 billion of total volumes.
Investor interest centred on the 2027-2030 maturity segment, which grabbed 60.9% of traded volumes at a weighted average yield of 15.00%. Trading beyond this sweet spot grew more selective: the 2031-2034 maturities took 35.5% of volumes at 14.97%, while the longer 2035-2038 tenors saw minimal action, accounting for just 3.7% at 16.01%.
Databank Research anticipates sustained high activity next week, fueled by portfolio rebalancing and upbeat market sentiment.
Story by: Mercy Addai Turkson #ahotoronline.com