These cookies do not store any personal information. public holidays) Explore Standard Chartered Ghana banking solutions, such as credit cards, loans, deposits, mortgages, investments and insurance for you or your business. What is the three-month Treasury bill rate? Be sure to ask about this before buying, in case you may need to withdraw money for an emergency. In todays topic, I will walk you through why you should have one and the latest treasury bill rate in Ghana. Ghana Treasury Bills, Notes and Bonds Yield: Fixed Rate Note: 2 Years data is updated monthly, averaging 19.975 % pa from Mar 2005 to Oct 2018, with 162 observations. Moreover, the rediscount feature allows you to terminate your investment before maturity. Current Bank Of Ghana Treasury Bill Interest Rates For May 2022, Deference Between Fixed Deposit And Treasury Bill, How To Calculate The Current Treasury Bill Interest Rate In Ghana (January February 2023 Tips). Treasury bills are short-term loans that the government takes to finance various operations. Effective February 1st, 2023 Loans. However, other banks like Ecobank, GTBank, Stanbic bank, Cal Bank, Fidelity Bank, Zenith Bank, Data Bank, Access Bank, etc. The 91 days and 182 days Treasury Bills are available. Interest payments: The amount that is determined by the interest rate, and it is always based on the principal amount and the duration of the investment. f&&(c.readyState="interactive");c.onreadystatechange=function(){"loaded"!==c.readyState&&"complete"!==c.readyState||d()};return c}var h={};return{load:function(b,a){if(u(b)){if(! 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. 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. This records an increase from the previous number of 13.840 % pa for Jul 2018. Read this guide: How Profitable Is Smoothie Business In Nigeria. These cookies will be stored in your browser only with your consent. } Due to the high liquidity of the letters and the low risk associated with them, the interest that the state must pay to use this method of financing is not high. In this article Pulse.com.gh looks at providing investors with relevant information about what T-bills are, how the return on them is determined and the advantages and disadvantages of having them in your portfolio according to Economist & financial analyst, Jerome Kuseh. Accra, Ghana. adb bank ghana treasury bill rate. Treasury bills (T-bills) are government-backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year. Yes, you can get your money back by sing a rediscount request from your phone using 770# (Terms and Conditions apply). One Thorpe Road !0:!1;if("HTML"===a.tagName)return!0}function g(b){if(b===a)return!0;if(q(b))return!1}function h(a,b){function c(a){f++;if(200
"+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(0 "+c)}else return b;else d(7,b)}function g(a,b){function c(){if(!1===n){for(var c=[],E=0;E1",l);return g},set:function(){d(h+"->2",l)},configurable:f})}try{e(!1)}catch(q){try{e(!0)}catch(f){a[b]= T-Bills are, in essence, used by the government to raise funds from the public. 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. (v(48,a+" - exec"),k()):v(48,a+" - noexec")})}function h(a){function b(a){var c=/^[\s\uFEFF\xA0]+|[\s\uFEFF\xA0]+$/g;return"function"===typeof a.trim?a.trim():null===a? 0;f