Bond market: Trading activity eases to GH¢1.53bn

Trade activity in the secondary bond market eased by 19.34% week-on-week to GH¢1.53 billion last week.

The flows were concentrated in the general category bonds. This was led by the August 2027 and February 2030 papers.

The 2027-2030 maturities accounted for 45% of volumes at a weighted average yield of 16.56%.

The 2031-2038 papers made up 55% at 16.41%.

Analysts expect trading activity and price discovery to improve following the upcoming coupon inflows.

This is expected to boost the market turnover.