Bond market: Turnover declined by 62.90% to GH¢571.42m

The secondary bond market turnover declined 62.90% week-on-week to GH¢571.42 million from GH¢1.54 billion the previous week.

Activity was concentrated in the February 2030 maturity, which led to flows with GH¢109.24 million in volumes traded.

The 2027-2030 bonds remained the market’s anchor, capturing 51% of total turnover at a weighted average yield of 15.46%.

The 2031–2038 maturities sustained moderate interest, contributing 29% of traded volumes at a weighted average yield of 15.98%.

“We anticipate subdued market activity in the near term, as investors adopt a cautious stance amid tight liquidity conditions while awaiting the upcoming inflation release and fiscal direction from the 2026 Budget presentation”, Databank Research said.

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