Debt Market Records 83.56% Year-on-Year Growth in Trading Volume
The Ghana Stock Exchange (GSE) has reported a notable increase in debt market activity for May 2025, driven largely by strong investor interest in Treasury and Government securities.
According to the GSE’s Summary of Market Activities for the year, the month closed with a total traded volume of 19.07 billion, representing a 5.26% increase compared to April 2025. On a year-on-year basis, the volume recorded marks a significant 83.56% surge over the same period in 2024.
Cumulatively, year-to-date trading volumes on the debt market reached 96.43 billion, up by 54.87% from the 62.27 billion recorded in the corresponding period last year—highlighting deepened investor participation in fixed-income instruments.
A breakdown of market activity for May indicates that Treasury Bills dominated trades, accounting for 49.38% of total volumes. Government Bonds followed closely with 44.06%, while Bank of Ghana Bills represented 5.66%. Corporate Bonds contributed the least, with a marginal 0.89% share of total trades.
Market analysts attribute the heightened activity in the debt segment to relatively stable yields on government securities and improved investor sentiment surrounding Ghana’s macroeconomic outlook.
