Bond market: Activities declined marginally to GH¢2.06bn

Activities in the secondary bond market declined by 2.63% week-on-week to GH¢2.06 billion.

Trading remained concentrated in the General Category bonds, with the February 2027 paper recording the highest turnover.

Overall, the 2027-2030 maturities accounted for 56% of total volumes. They cleared at a weighted average yield to maturity (YTM) of 17.81%.

The 2031-2038 maturities contributed 44%, with an average YTM of 17.77%.

Analysts expect trade activity to moderate this week.

This is because investors adopt a cautious stance ahead of the upcoming Mid-Year Budget presentation on Thursday, July 24, 2025.