Ghana’s Fixed Income Market posted a significant surge in activity in August, with traded volumes reaching 17.92 billion, a 236.02% increase compared to the same month in 2023, according to the latest report from the Ghana Stock Exchange (GSE).
Year-to-date trading volumes have nearly doubled, rising 99.47% to 103.24 billion from 51.76 billion over the same period last year.
Treasury bills per the report dominated the market, accounting for 64.28% of total traded volumes, while government bonds contributed 34.08%.
Corporate bonds represented a modest 1.64% of trading activity on the market.
The sharp rise in fixed income volumes reflects heightened demand for government securities, driven by investors seeking safer assets amid continued economic uncertainty.
Source:norvanreports.com