The secondary bond market activity jumped 284.53% week-on-week to GH¢3.47 billion from GH¢904 million the previous week.

According to trading results, offshore investors dominated the buy side while local players remained cautious.

Activity was concentrated in the short to medium tenors led by the February 2027 maturity at GH¢1.14 billion in volumes traded.

The 2027–2030 bond accounted for 78% of trades at a weighted average Yield-To-Maturity of 16.35%.

Similarly, the 2031-2038 papers comprised 17% of trades at a weighted YTM of 16.30%.

Analysts expect market momentum to persist as investors position themselves ahead of the potential policy rate cut at the upcoming Monetary Policy Committee meeting.