Audio By Carbonatix
Total trade volumes in the Ghanaian secondary bond market declined to GH¢816 million from GH¢1.5 billion in the previous week.
This was primarily driven by repo exchanges in the short and medium tenors.
Market activity centred around the belly of the yield curve, making up 63.26% of the total volume exchanged.
The shorter end of the curve accounted for 36.74%.
Analysts expect trading activities to improve, supported by ongoing repo transactions, that are favourable for short-term liquidity management.
Many are hoping that the market will rebound this week.
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