Ghana Fixed Income Market Records 76.76% Surge in Traded Volume for 2024
The Ghana Fixed Income Market (GFIM) recorded an impressive 76.76% rise in traded volumes for 2024, reaching GHS 174 billion, up from GHS 98.44 billion in the previous year, according to the Ghana Stock Exchange (GSE) Full Year Market Activities report.
Trading activity also saw a notable increase, with the total number of transactions rising 12.21% to 448,307, compared to 399,522 in 2023.
Short-term government instruments maintained a dominant position, accounting for 69.19% of total volumes traded.
Long-term government securities contributed 28.76%, while corporate bonds and Bank of Ghana securities represented 1.34% and 0.71% of the market, respectively.
The surge in traded volumes highlights growing liquidity and investor confidence in Ghana’s fixed-income instruments, underpinned by strong demand for government securities.
The performance also underscores the market’s increasing role as a critical component of the country’s financial ecosystem.
