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Bond market: Secondary activities decline by 10% to GH¢1.52bn – MyJoyOnline

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Bond market: Secondary activities decline by 10% to GH¢1.52bn – MyJoyOnline

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Activities in the secondary bond market declined by 10.13% week-on-week to GH¢1.52 billion.

This reflected the impact of the public holiday break.

However, trading momentum rebounded, led by the February 2033 and February 2035 maturities, which accounted for 61% of total volumes at an average Yield-to-Maturity (YTM) of 24%.

The shorter end of the LCY curve contributed 29% of trades, with the average YTM easing to 23.48%.

The belly and tail end also accounted for 53% and 18%, respectively, at an average YTMs of 24.42% and 24.14%.

Analysts expect a subdued trading session next week as market participants prepare for the 2025 Budget.

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