Audio By Carbonatix
Activity in the secondary bond market rose by 12.45 percentage points to GH¢746 million last week, compared to about GH¢663 million the previous week.
The August 2027 maturities accounted for most of the trades, with yields to maturity (YTM) rising by 260 basis points to 23.93%.
Notably, the February 2029 and February 2030 maturities led trading volumes, together accounting for 39% of total transactions, with average YTMs of 24.95% and 24.46%, respectively.
Overall, the shorter end of the local currency yield (LCY) curve represented 62.6% of market activity at an average YTM of 24.39%.
The mid-term maturities accounted for 37.4% at an average YTM of 25.56%.
Analysts expect overall trade activities to moderate next week, with improved activity in the mid-term segment of the local currency yield (LCY) curve.
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