Fixed Income Market Records 67.15% Surge in February Trade Volume
The Ghana Fixed Income Market (GFIM) recorded a significant surge in trading activity for February 2025, closing the month with a total volume traded of 22.11 billion, representing a 67.15% increase compared to the same period in 2024.
According to the Ghana Stock Exchange’s (GSE) Summary of February 2025 Market Activities report, the year-to-date volume traded stood at 39.01 billion, marking a 38.89% rise from the 20.09 billion traded in the corresponding period last year.
The report further detailed the composition of trades, indicating that:
- Treasury Bills accounted for 68.22% of the total volume,
- Government Bonds contributed 28.39%,
- Corporate Bonds made up 3.13%, and
- Bank of Ghana Bills represented the remaining 0.27%.
The strong performance of the GFIM reflects heightened investor activity in government securities, with Treasury Bills remaining the dominant instrument.
The increased trading volume suggests improved market liquidity and investor confidence in fixed-income instruments.