GFIM Trades GHS 18.12 Billion in April, Up 59.84% Year-on-Year Despite Monthly Decline
The Ghana Fixed Income Market (GFIM) ended April 2025 with a total traded volume of GHS 18.12 billion, representing a 10.44% decline compared to March but a substantial 59.84% increase year-on-year.
This is according to the Summary of Market Activities report released by the Ghana Stock Exchange (GSE), which attributed the robust year-on-year growth to sustained demand for short-term government securities and a generally stable macroeconomic outlook.
Treasury bills dominated trading activity, accounting for 69.96% of the total volume traded. Government bonds followed with a 25.07% share, while Bank of Ghana (BoG) bills contributed 4.81%. Corporate bonds remained marginal, constituting just 0.16% of total market activity.
The April performance reaffirms investor preference for safer, short-term instruments amidst ongoing economic adjustments and monetary policy recalibrations.
