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Bond market: Trading activity rose 28% to GH¢1.41bn – MyJoyOnline

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Bond market: Trading activity rose 28% to GH¢1.41bn – MyJoyOnline

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Trade activity in the secondary bond market rose 28.90% week-on-week to GH¢1.41 billion, up from GH¢1.09 billion.

The uptick was largely driven by end of-month portfolio rebalancing by banks.

The February 2027 bond remained the most traded, contributing 23% of total volumes, with its average yield easing to 20.7%.

Overall, the 2027–2030 papers dominated with a 72% share, clearing at an average Yield-To-Maturity (YTM) of 20%.

Longer-dated 2031–2038 maturities made up 28%, with YTM easing to 21.06%.

Databank Research anticipates subdued trading volumes as investors adopt a cautious stance ahead of May 2025 headline inflation data release.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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