Audio By Carbonatix
The secondary bond market activity edged higher, closing at GH¢862 million last week.
This was up from GH¢634 million the prior week.
The shorter dated bonds (2027–2030 maturities) dominated trading.
It accounted for 68% of total turnover at an average yield to maturity (YTM) steady at 26%.
The longer-dated instruments (2031–2038 maturities) also comprised 32%, with an average YTM of 28%.
Analysts expect trading activities to remain concentrated at the shorter end of the yield curve, driven by attractive yields on Treasury securities.
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