Ghana’s fixed income market recorded no trading activity on October 27, 2025, with zero volume reported across all categories including government bonds, treasury bills, corporate bonds, and Bank of Ghana (BOG) bills.
The Ghana Fixed Income Market report for October 27, 2025, showed no transactions in any security category. New and old Government of Ghana (GOG) notes and bonds, treasury bills, corporate bonds, and BOG bills all registered zero trading volume and no trades executed.
The market also recorded no activity in sell or buyback trades for government notes and bonds. Repurchase agreements, including both collateralized repos and Global Master Repurchase Agreements (GMRA), similarly showed no transactions for the trading day.
“All categories including government securities and corporate bonds registered zero volume,” market data confirmed.
The absence of trading activity represents an unusual quiet day for Ghana’s fixed income market, which typically sees regular transactions in government securities. Treasury bills, which are short-term government debt instruments, and longer-term government bonds usually attract investor interest as key components of Ghana’s debt market.
The fixed income market serves as a crucial platform for government financing and investor portfolio management. Government securities provide the state with funding for budget operations, while offering investors relatively stable returns compared to equity markets.
Market participants include commercial banks, pension funds, insurance companies, and individual investors who use these instruments for liquidity management and investment purposes. The Bank of Ghana also uses the market to implement monetary policy through open market operations.
No specific reasons were provided in the official market report for the absence of trading activity. Market observers will monitor whether trading resumes normally in subsequent sessions or if broader factors are affecting fixed income market participation.
