Bond market; Secondary bond market activity dips 3.38% to GH¢953mn

Activities in the secondary bond market eased by 3.38% last week.

Turnover decline to GH¢953m from GH¢986m as investors shifted focus to the shorter end of the curve, favouring treasury bills.

Bonds maturing between 2027 and 2030 dominated trading with a 59% share, nudging average yields to 26.13%.

The 2031–2038 maturities accounted for 41% of total trades at an average yield of 28%.

Analysts expect trade activity to rebound as investors position ahead of upcoming coupon inflows, supporting liquidity in the secondary market