Trading activities in the secondary bond market declined by 50.1% last week due to risk-off sentiments among offshore investors.
Total volume traded fell to GH¢762 million, down from GH¢1.5 billion recorded in the previous week.
The shorter end of the local currency (LCY) curve accounted for approximately 33% of market turnover, with a yield to maturity increasing to 25%.
On the other hand, the belly and tail segments totalled 67% of market concentration with an average Yield-To-Maturity up to 26%.
Analysts expect trade activities to remain subdued as the festive season comes up.
This is because offshore investors are adopting a wait-and-see approach amid the ongoing power transition.
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