{
  "id": 10540541,
  "title": "Bond market: Turnover declined by 28% to GH¢1.56bn",
  "url": "https://urgent.news/2026/09/28/bond-market-turnover-declined-by-28-to-gh-1-56bn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T21:37:59.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/bond-market-turnover-declined-by-28-to-gh%c2%a21-56bn/"
  },
  "original_language": "en",
  "account": "The secondary bond market experienced a significant slowdown, with trading activity dropping 28.56% week-over-week to a total of GH¢1.56 billion. The majority of this reduced turnover was concentrated in the 2031-2034 maturity segment, accounting for 71.30% of the total transactions. This segment achieved an average yield of 13.93% during the period. The 2027-2030 segment, while smaller in comparison, still represented a substantial portion of the market, comprising 23.05% of the turnover and offering an average yield of 12.37%. The post-2035 maturities accounted for the remaining 5.65% of the total activity, securing an average yield of 15.34%. A notable individual transaction was the September 2030 bond, which saw GH¢5.45 million in turnover at a weighted-average yield of 11.85%. Analysts from Databank Research anticipate a slight rebound in the secondary bond market this week, driven by fund managers repositioning their portfolios at month-end. However, they caution that this potential turnaround may be limited, as investors anticipate the launch of COCOBOD's GH¢16.3 billion issuance program, scheduled for issuance on 1 October 2026. The upcoming issuance will include GH¢2.3 billion in 5-year senior unsecured amortising bonds and GH¢14.0 billion in 270-day commercial paper, with the allotment process commencing on 30 September.",
  "summary": "The secondary bond market activity slowed, with turnover declining 28.56% week-to-week to GH¢1.56 billion. Trading remained concentrated in the 2031-2034 segment. It accounted for 71.30% of turnover at an average yield of 13.93%. The 2027-2030 segment contributed 23.05% at an average yield of 12.37%, while post-2035 maturities represented 5.65% of turnover at an average yield […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "Bond market: Turnover declined by 28% to GH¢1.56bn",
        "url": "https://urgent.news/2026/09/28/bond-market-turnover-declined-by-28-to-gh-1-56bn-10541864",
        "published": "2026-09-28T21:37:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}