Buying and selling quantity on the Ghana Bond Market (GFIM) on Friday amounted to GHS1.41 billion in 448 transactions, with restructured authorities bonds and Treasury payments accounting for nearly all the transactions.
Bonds issued below the Home Debt Change Program (DDEP) topped the listing for the day with 58 transactions amounting to GHS544.4 million. Treasury payments got here in a detailed second when it comes to face worth at GHS 533.7 million, however have been by far essentially the most traded, altering arms 349 occasions. Purchase and promote authorities banknotes (SBB) transactions elevated by GHS333.3 million, whereas company bonds barely registered GHS1.8 million. No conventional Authorities of Ghana (GoG) banknotes or bonds, new or previous, are traded.
Exercise is concentrated in a small variety of securities. DDEP bonds, which mature in February 2027, have been essentially the most traded single instrument, with GHS 179.2 million exchanged at a yield of 10.40%. Treasury payments due January 2027 at 8.05% raised an excellent bigger quantity of GHS 185.3 million, whereas the most important buy-sell transaction was in 2032 bonds with a yield of 13.50%.
This sample reveals that demand is concentrated in short-term authorities securities, with returns rising from about 8% for Treasury payments to 13.50% for longer-term 2032 securities.
