Audio By Carbonatix
Trading volumes in the Ghanaian secondary bond market decreased by 41.77% to GH¢881 million in the week under review.
This is compared to GH¢1.5 billion recorded in the previous week.
It was driven primarily by minor exchanges as compared to the previous week.
Moderate exchanges in February 2031 and February 2032 maturities accounted for 74.9% of the total volume traded in the midsection of the curve.
Trades in February 2027 and February 2028 maturities contributed 25.1%, supporting the shorter end of the LCY curve.
Analysts expect these modest exchanges to continue as investors raise short-term liquidity while awaiting the expected GH¢6.1 billion coupon payment due in August 2024.
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