Ghana’s fixed income market recorded total turnover of GH¢1.26 billion across 318 trades on Tuesday, May 19, 2026, with Treasury Bills accounting for the dominant share of activity on the Ghana Fixed Income Market (GFIM).
Treasury Bills led the session with GH¢810.26 million across 238 trades, representing roughly 64 percent of the day’s total volume. The most actively traded bill was a May 2027 instrument carrying a yield of 10.20 percent and a closing price of 90.7653, with GH¢556.62 million changing hands in 19 transactions.
Domestic Debt Exchange Programme (DDEP) bonds contributed GH¢100 million through four trades. The most active DDEP instrument was an August 2028 bond priced at 96.1194 and yielding 12.00 percent.
Sell and buy-back trades on Government of Ghana notes and bonds generated GH¢348.40 million across 73 transactions. The largest single instrument in this segment was a February 2037 bond with a yield of 15.10 percent and a closing price of 72.4574, with GH¢75.44 million traded in 25 deals.
Corporate bond activity remained thin, with GH¢3.75 million traded across three deals at a closing price of 95.6155. No new Government of Ghana notes and bonds or old Government of Ghana notes and bonds changed hands during the session.
The absence of new government bond issuance and the concentration of activity in short-dated Treasury Bills reflects continued investor preference for liquidity in the near term, even as longer-dated instruments remain available across the curve.
