Fixed Income Market witnesses 29.68% increase in monthly trading volume
On a year-to-date perspective, from January to October 2023, the cumulative trading volume amounted to 68.89 billion, showcasing a substantial 64.91% decrease from the 196.35 billion traded during the same period in the previous year.
The Ghana’s fixed income market (GFIM) for the month of October witnessed a notable surge in trading volume, surging by 29.68% when compared to the previous month’s figures.
Of particular significance was the surge in trading activity in long-term government securities, constituting 41.43% of the market’s total activity.
This marked a twofold increase from the 20% achieved in the preceding month, suggesting a growing appetite among investors for long-term government securities.
By the close of the month, the cumulative traded volume reached an impressive 9.67 billion, demonstrating a robust 29.68% uptick from the previous month.
However, this figure represented a 56.92% decrease when compared to the same period in the previous year, underscoring the dynamic nature of the market.
On a year-to-date perspective, from January to October 2023, the cumulative trading volume amounted to 68.89 billion, showcasing a substantial 64.91% decrease from the 196.35 billion traded during the same period in the previous year.
These fluctuations in trading activity reflect the evolving landscape of Ghana’s fixed-income market, influenced by a range of factors and investor sentiment.
