Activities in the secondary bond market continued at a subdued pace, with total trade volume declining by 62.45 percentage points to GH¢229 million.
Trading was primarily focused on the February 2027 maturity, which represented 51.8% of the total trade and attracted an average yield to maturity (YTM) of 23.37%,.
This was a slight decrease from 23.72% in the previous week.
Overall, the shorter end of the yield curve accounted for nearly 100% of trading activities, with an average yield to maturity (YTM) of 24.28%.
Analysts expect trading in the bond market to remain subdued, with Treasury bills continuing to dominate secondary market activity.
Source: myjoyonline.com