Audio By Carbonatix
Activity in the secondary bond market dipped by 6.2% week-on-week to GH¢453 million, down from GH¢483 million the previous week.
This came as investors remained cautious amid the ongoing International Monetary Fund mission, which is set to conclude on April 15, 2025.
Trading was dominated by General Category Bonds, with the February 2030 and Feb 2037 maturities accounting for 68% of total volumes, clearing at an average Yield-To-Maturity of 23.02%.
At the short end of the LCY yield curve, activity eased by 4 percentage points to 47%, clearing at an average YTM of 23%.
The belly-tail end attracted 53% of volumes at an average YTM of 22%.
Analysts expect market activity to remain modest in the first two sessions this week.
However, a positive IMF review could spur a pickup, driven by improved investor sentiment.
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