Ghana Fixed Income Market Sustains Growth Momentum with 55.79% YTD Volume Increase
The Ghana Fixed Income Market (GFIM) recorded a total traded volume of GH¢27.83 billion in September 2025, representing a 16.33% increase from the GH¢23.92 billion recorded in August 2025.
According to the Ghana Stock Exchange’s (GSE) Summary of September 2025 Market Activities Report, the year-on-year traded volume surged by 79.34%, underscoring the market’s continued resilience and recovery.
Year-to-date (YTD) total traded volume on the GFIM stood at GH¢185.01 billion, reflecting a robust 55.79% growth compared to GH¢118.76 billion recorded during the same period in 2024.
Treasury Bills accounted for the largest share of trading activity in September, representing 38.70% of total volumes. Government Notes and Bonds followed with 39.52%, while Bank of Ghana Bills constituted 20.98%. Corporate Bonds made up the remaining 0.80% of the total traded volume.
The sustained momentum reflects growing investor confidence in government securities and improved secondary market participation amid signs of economic stability and declining inflationary pressures.