Mobile Banking. Read Also: Customers Guide To MiLife Insurance In Ghana. "readystatechange - "+document.readyState;"complete"===document.readyState||"loaded"===document.readyState? .then(function (registration) { RESULTS OF TENDER 1837 HELD ON 10TH FEBRUARY 2023 FOR GOVERNMENT OF GHANA SECURITIES TO BE ISSUED ON 13TH FEBRUARY 2023. Required fields are marked *, By using this form you agree with the storage and handling of your data by this website. SMS & Email Alerts Free Internal Transfers Visa Debit Cards Personalized Cheque Books Apply Now Treasury bills can be purchased in the following three ways: 1. var d,e=null;return(c=b(c+""))&&!b(c.replace(a,function(a,b,c,f){d&&b&&(e=0);if(0===e)return a;d=c||b;e+=!f-!c;return""}))?Function("return "+c)():null}function l(a,b,c){a.addEventListener?a.addEventListener(b,c,!1):a.attachEvent("on"+b,c)}var e=D();if(null===e||!0!==d(e))for(var e=document.getElementsByTagName("script"),q=0;q
"+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()); The interest calculator allows you to have a fair idea of your return on investment at maturity. Collins Agyeman The next step is to multiply the result by the amount we invested. You'll be updated on the rate before purchase. Savings bonds have a fixed interest rate over a fixed period. Facebook. Much is not known if all banks are to treasury bills but if you are looking for the best bank to buy treasury bills, stay glued to your screen as this article provides you with such information. Also, you can use the trend in the table to predict the Bank of Ghana Treasury bill rate for the next month, January 2022. This simple and easy article Was Last Updated on February 14, 2023 by Nana Abrokwa. Note: within these years interest rate might increase ace or decrease. 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 10s");g()},1E4)});"complete"===document.readyState&&(v(48,"isComplete"),g());"loaded"===document.readyState&&(v(48,"isLoaded"),k());l(document,"DOMContentLoaded",function(){v(48,"DOMContentLoaded");k();l(document.getElementsByTagName("body")[0],"pageshow",function(){v(48,"body pageshow");g()})});l(document,"readystatechange",function(){var a= Dont forget the Interest rates vary from bank to bankand more over if you are rolling over it means your interest is going to be higher. window.addEventListener('load', function () { Ecobank treasury bill rate is relatively higher than the rates for savings accounts. Pulse.com.gh presents 9 things you need to know about T-Bills as an investor. In Ghana, the maturity of T-bills are 91-days and 182-days with each of them offering a different return. Ecobank Ghana PLC Financial Service Guaranty Trust Bank - Ghana Financial Service Students Loan Trust Fund Ghana Interest AirtelTigo Ghana Telecommunication Company Vodafone Ghana Telecommunication Company First Atlantic Bank Commercial Bank Standard Chartered Ghana Financial Service Absa Bank Ghana Local Business Pages Liked by This Page "itemListElement": [] So you must know the current treasury bill rate in Ghana. The depositor declares that the funds/assets deposited are not from any criminal/illegal sources or activities. In todays topic, I will walk you through why you should have one and the latest treasury bill rate in Ghana. The reason why there are still investors willing to invest in treasury bills is that they take into account the type of inflation at a specific time to calculate whether or not they can get profit for their money with the treasury bills. It can increase or drop too until your 364 days making 1 year is up. Twitter. It makes borrowing costs high for businesses. However, the average treasure interest rate in Ghana is between 20% - 35%. It offers higher interest rates than ordinary savings accounts and is ideal if you want to save . Past performance does not necessarily indicate a financial products future performance. Since the interest rate is quoted in percentage, divide the rate by 100. This website uses cookies to improve your experience. Read this guide: How Profitable Is Smoothie Business In Nigeria. Treasury bills are short-term loans that the government takes to finance various operations. The product is supported by the ECOBANK Call Centrewhere trained and certified staff are available to provide the requisite support. It is liquid i.e. To obtain advice tailored to your situation, please contact a professional financial adviser. They tend to have a lower risk. Most people have been wondering about the difference between fixed deposit and treasury bills in Ghana. 10/02/2023 || Tenure : 182 DAY BILL || Price : 94.4964 || Coupon Rate : - || Maturity Date : 03/04/2023 || Volume Traded : 20,000. Among the invest options provided by the bank includes; adb bank ghana treasury bill rate . !0===b(a).isRun()?c():[a]:c()}return[]}function e(a,b,c){function d(a){a=a.childNodes;for(var b=0;b