Secondary bond market activity dropped by 6.2% this week to GH¢453 million, compared to GH¢483 million the week before. Investors showed caution due to the ongoing International Monetary Fund (IMF) mission, which ends on April 15, 2025.

General Category Bonds dominated trading, with the February 2030 and February 2037 maturities accounting for 68% of total volume. These bonds cleared with an average Yield-To-Maturity (YTM) of 23.02%.

At the short end of the Local Currency Yield (LCY) curve, activity decreased by 4 percentage points to 47%, clearing with a 23% YTM. The mid-to-long-end of the curve attracted 53% of the volume, clearing with a 22% YTM.

Analysts expect modest trading in the first two sessions this week. However, a positive IMF review could boost market activity by improving investor sentiment.