Volume of bonds traded on secondary market declines by 26.47%
In the latest report from GCB Capital Research, it has been revealed that the secondary bonds market in Ghana experienced a slight dip in aggregate trading volume last week, totaling GH¢1.47 billion.
Notably, the volume of bonds sold saw a significant decline of 26.47% week-on-week, with treasury bills dominating the market’s activities.
One noteworthy bond that garnered substantial attention on the market during the week was the Aug-27 bond with a coupon rate of 10%, offering a maturity period of 4.5 years.
This bond emerged as the most actively traded instrument, with trading volumes reaching approximately GH¢2.10 million by the close of the trading week.
The dynamics within the secondary bonds market underscore the nuanced fluctuations and preferences of investors, reflecting the broader economic and financial landscape in the country. It remains an area of interest for market participants and observers alike as they track these developments closely.
