Year-to-Date Fixed Income Trades Reach GHS 214bn, Marking 58% Growth
Trading activity on Ghana’s fixed income market strengthened further in October 2025, with total volumes rising to GHS 29.13 billion, a 4.66% increase from the GHS 27.83 billion recorded in September, according to the GSE Summary of October 2025 Market Activities report.
On a year-on-year basis, traded volumes surged by 77.23%, pointing to robust investor interest and improving market confidence.
Cumulatively, year-to-date traded volume reached GHS 214.14 billion, representing a 58.39% growth compared to the GHS 135.19 billion posted during the same period in 2024.
Treasury instruments continued to dominate activity, with Treasury Bills accounting for 44.31% of total trades. Government Notes and Bonds contributed 42.60%, while Bank of Ghana Bills represented 11.72%. Corporate Bonds remained marginal, making up just 1.37% of total market activity.
Market analysts say the consistent recovery in fixed income trading reflects improving liquidity conditions, enhanced price discovery, and stronger investor appetite for government securities across the curve.
