The fixed-income market concluded the month of March with a traded volume of 12.61 billion, indicating a substantial 126.43% surge from the corresponding period last year, where trading stood at 5.57 billion.
On a month-on-month basis, however, the 12.61 billion traded volume marked a marginal 4.69% dip from the previous month’s total traded volume.
This is per the Summary of March 2024 Market Activities report released by the Ghana Stock Exchange (GSE).
Notably, long-term government securities constituted 33.26% of market activity, while short-term government instruments held a dominant share of 65.84%, leaving corporate securities to account for the remaining 0.90%.
Year-to-date trading volume reached 40.69 billion, reflecting a robust 64.38% increase from the 24.76 billion traded during the corresponding period last year.
Source: Norvanreports