The next step is to multiply the result by the amount we invested. No, you do not need a Bank account to purchase a Treasury bill on the TBill4All platform you need MTN Mobile Money Wallet. dlApi = { The principal and interest of the fixed deposit are paid at maturity. With that out of the way, you need to know the current treasury bill interest rates in Ghana. No, you can s your Treasury Bill application by dialing 770# from your phone. GCB Bank PLC, Ghana's largest Bank by branch network, has increased its branch network to 186 by opening a new branch at the Tamale campus of the University for Development Studies (UDS) in the Northern Region. Bills are sold at a discount or at par (face value). Use our Investor Calendar that is updated directly from the Central Bank. var pulse2EmbedConfig = { pulsevideo: { player: "flowplayer", params: { autoplayNext: !0, enableAds: !1 }, plugins: [{ script: "https://imasdk.googleapis.com/js/sdkloader/ima3.js" }, { script: "https://embed.videos.ringpublishing.com/flowplayer/plugins/ads.min.js", config: { ima: { ads: [{ adTag: "https://pubads.g.doubleclick.net/gampad/live/ads?iu=/53159133/Pulsegh_video_new_640x360&description_url=[placeholder]&tfcd=0&npa=0&sz=640x360&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&correlator=", time: 0 }] } } }] }, OnettvVideo: { 'MAIN_ELEMENT': { preset: "mainVideoRADPGh", enableGoogleAnalytics: 2, volume: 0, enableEndScreen: 1, autoplayRelated: 1, enableAds: 1, adserverUrl: "https://pubads.g.doubleclick.net/gampad/live/ads?iu=/53159133/Pulsegh_video_new_640x360&description_url=[placeholder]&tfcd=0&npa=0&sz=640x360&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&correlator=", floatingControls: 1, embedType: 'inTextVideo', showAdvertComment: 1 }, 'INTEXT': { preset: "mainVideoRADPGh", enableGoogleAnalytics: 2, volume: 0, enableEndScreen: 1, autoplayRelated: 1, enableAds: 1, adserverUrl: "https://pubads.g.doubleclick.net/gampad/live/ads?iu=/53159133/Pulsegh_video_new_640x360&description_url=[placeholder]&tfcd=0&npa=0&sz=640x360&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&correlator=", floatingControls: 1, embedType: 'inTextVideo', showAdvertComment: 1 } }} "===b[0])!0=== Treasury Bills. (b=f,c.exec()):d(42)},isRun:function(){return a}}}function h(a,b){function c(a){setTimeout(function(){b(a)},0)}for(var d=[],f=0;f
"+c)}else return b;else d(7,b)}function g(a,b){function c(){if(!1===n){for(var c=[],E=0;E "+e);return}l.exec([h])})},0)):d(15,a)},getDeps:function(){return!0===b?m:[]},get:function(a){l.add(a)},closeDefine:function(){g=!0;!1===b&&(b=!0,l.exec([void 0]))}}}function K(a){function b(b,e,g){if(0c.length?d(5,a):(c.pop(),b(c.join("/")))}function b(a,b){var c=a.split("/"),n=b.split("/");if(0 "+e[p]);return}}g(k,c)}):d(9,f)},requireModules:g,requireOne:m,define:function(a,b){var c=D();if(!0!==l)null===c?w(49,""):w(49,D().getAttribute("src"));else{if(null!==c&&(c=c.getAttribute("src"),c in e)){e[c].setDefine(a,b);return}c=s.getActialLoading();u(c)?c in e?e[c].setDefine(a,b):d(46,c):q.push({deps:a,define:b})}}}}(),s=null,z=[],I=(new Date).getTime();t(window,"require",r,!1,27);t(window,"define",F,!1,28);t(r,"runnerBox",function(a){function b(a){x in a||(a[x]=m()); 1) Press the share button on your browser's menu bar. Treasury bills can be bought from the main branch. Best Banks To Buy Treasury Bills In Ghana (2022), List of Banks in Ghana and their Current Interest Rates-2022, Current Dollar to Cedi Rate- Banks with Higher Buying and, Bank Loans vs CAGD Loans-Banks with Low-Interest Rates in, List of Banks that Pay Monthly Salaries of Government, How to start a business in Ghana in 2022 | Easy Tips, Types Of Businesses/Companies In Ghana | 2022. This is one of the few banks in Ghana that offers treasury bills at a very good rate with a lot of good conditions. Check this ultimate guide: https://thebusinessalert.com/irs-code-290/. } A bond/bill yield is the amount of return an investor will realize on a treasury bill or the current market interest rate for treasury bonds. That is how much you earn from the treasury bill for the year. A Treasury bill (T-Bills) is a short-term investment product (from 91 to 365 days) backed by the Bank of Ghana on behalf of the government. Current Rates | Agricultural Development Bank Financials Home Customer Care Current Rates Forex Rate Foreign Exchange Rates as at 1st March 2023 Daily Cross Rate Borrowing Rate Fixed Deposits Base Rate NB: Rates on amounts above GHS 100,000.00 are Negotiable. Note that these bonds have no default risk since they are backed by the government. Media Contact dela Cruz, Ramoncito Yes, you need a one-time registration on the TBill4All platform. The Bank of Ghana (BOG) Treasury Bill (TB) rate moved from 42.2 per cent in July to 29.54 per cent in November as a result of stable macroeconomic conditions, Mr. Daniel Ohene Owusu, Deputy Chief Manager, Banking Supervision Department of BOG, said in Accra. It is interesting to know that the Ecobank TBILL4All is in line with the current treasury bill rate in Ghana. On the other hand, a fixed deposit is a form of investment issued by a financial institution to its depositors for a specific time frame. The treasury bill is tax-free whereas the fixed deposit is subjected to tax. Yes, to do so the client must maintain the minor as next-of-kin. ECOBANK TBill4All is a simple, engaging, and interactive self-service that offers a level of convenience that complements your changing lifestyles. public holidays) You must have funds on your MTN Mobile Money wallet.