💰 THE COMPLETE GUIDE: How to Buy & Sell Bonds in Ghana Most investors understand shares. Few understand bonds — and that gap costs them diversification and income. What is a bond? A loan. You lend money to government or a company, they pay interest (coupon), and return your principal at maturity. Fixed schedule = "fixed income." Two issuer types: 🏛️ Government bonds — lower risk, state-backed 🏢 Corporate bonds — higher risk, higher yields Where bonds trade: The Ghana Fixed Income Market (GFIM) — built by Bank of Ghana, GSE, CSD, and licensed dealers. Ghana's premier fixed income market. What most don't realize: You can't access GFIM directly. Every trade runs through a licensed bank or broker: 1️⃣ Open a depository account 2️⃣ Select a bond, with broker guidance 3️⃣ Broker executes at best price 4️⃣ You get a Contract Note — price, quantity, fees 5️⃣ Your CSD account is updated Two numbers to know: 💰 Face value — fixed, paid at maturity 📈 Capital value — fluctuates if traded early Hold to maturity = predictable. Trade early = more volatility. Why bonds belong in your portfolio: ✅ Regular coupon income ✅ Reduced volatility if held to term ✅ Diversification — often rise when equities fall GFIM's network includes dealers like GCB, Ecobank, Stanbic, plus brokers like Databank, IC Securities, and EDC Stockbrokers. For the full dealer list, contact GSE: 📞 +233-30-266 9935 | ✉️ info@gse.com.gh | 🌐 www.gse.com.gh What's your experience with Ghana's bond market?