Bond market: Turnover surges 559.42% to GH¢2.49bn

The secondary market activity rebounded sharply over the week, with aggregate turnover surging 559.42% week-on-week to GH¢2.49 billion from GH¢377.59 million. Trading activity was concentrated in the belly of the curve, with the 2031-2034 maturities dominating activity at 64.13% of total volumes at a weighted average yield of 12.51%. The 2027-2030 segment followed, capturing 35.87% […]

By Charles Nixon