There was a significant 80.81% decline in activity within the secondary bond market during the previous week, resulting in a total transaction volume of GH¢17.34 million.

This reduction was primarily associated with the cautious approach of investors, who demonstrated hesitancy in evaluating cash coupons linked to new bonds.

The drop in activity was partly attributed to decreased trading volumes observed across the 2027-2030 maturity periods of the recent bond issues.

Simultaneously, bond prices experienced consistent upticks, driven by the latest coupon disbursements made by the government.

In light of these developments, it is anticipated that the end-of-month portfolio adjustments conducted by pension funds and other asset managers will contribute to increased activity within the bond market.