Ghana’s Fixed Income Market Surpasses One Trillion in Historic Trading Milestone
The Ghana Fixed Income Market (GFIM) has reached a significant milestone, trading over one trillion securities. This achievement comes as the market expands its offerings and gains international recognition for innovation and transparency in the finance sector today.
GFIM's trading volume peaked at 230 billion in 2022, reflecting its growth and increased investor participation in the stock market. Pension fund assets have surpassed GHS90 billion, indicating a surge in confidence among investors in the stock market today.
The market has broadened its scope beyond government securities to include corporate bonds, commercial papers, and Green and Sustainable Bonds. This expansion has supported both the government's financing needs and private sector access to debt capital for a decade.
The next decade promises further development, with plans to increase securities account holders to 10 million and admitted companies to 100. This growth is expected to be driven by deeper corporate market development, sustainable finance instruments, regional integration, and technology and innovation in the stock market today.
GFIM's recognition as one of the most liquid bond markets in Sub-Saharan Africa, outside of South Africa and Nigeria, is a testament to its progress in the finance sector today. With robust regulatory enhancements and a strong oversight framework, investor confidence continues to surge in the stock market today. As the market looks to the future, it aims to build on its success and drive further growth and innovation in the stock market today.
