The secondary fixed-income market witnessed a notable surge in aggregate turnover reaching GH¢4.19 billion, reflecting a robust 10.7% week-on-week increase. This uptick was nearly evenly distributed between bonds and Treasury bills (T-bills).
Secondary fixed income market witnesses 10.7% weekly surge hits GH¢4.19bn turnover
Despite the increased turnover, bond yields persist at subdued levels, contributing to an environment dominated by sell/buy-back dynamics. The activity in bonds on the Ghana Fixed Income Market (GFIM) may continue to exhibit a restrained trajectory until a correction is witnessed in the local currency yield (LCY) curve.
![Secondary fixed income market witnesses 10.7% weekly surge hits GH¢4.19bn turnover](https://thecorporateguardian.com/wp-content/uploads/2023/12/bonds-600x375-1.jpg)