In this example, the discount rate is 5% of the face value. "string"===typeof a&&"function"===typeof b?(u(a)?w("25.3",a):w("25.3"),y.define([],b)):A(a,b,"25.2")&&y.define(a,b):3===arguments.length? concessionaria maserati cosenza . 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. For you to know your bill has been purchased, a text message will be sent to your phone. !1:u(a.getAttribute("data-run-module"));return l? What are the procedures? Also, the interest you earn for a 182-day investment is GHS419.799/2 = GHS209.7990. Because T-Bonds are backed by faith and credit of the (federal) government, it is an excellent investment to make. Read Also: Customers Guide To MiLife Insurance In Ghana. Then you can begin another You are usually not charged investment fees when you buy T-bills. As it has been stated earlier, treasury bills are short term. The customers mobile money wallet is credited on maturity and customers may always reinvest the matured proceeds on the platform. This website does not provide personal advice based on your circumstances. So you must know the current treasury bill rate in Ghana. Easy to buy. The next thing to do is to multiply the result by the amount you invested. Fastest way is to ask your local commercial bank. Hello Collins, Learn all about how to update your bank account information with your Ghana Card details in our Frequently . Box GP 2674 You must subscribe to MTN mobile money service and after that access, the TBill4All platform using the shortcode 770# and follow prompts. This is the rate of the Agricultural Development Bank (ADB). Check out the Visa Free Countries For United Arab Emirates Passport Holders. Home Best Banks To Buy Treasury Bills In Ghana (2022), Best Banks To Buy Treasury Bills In Ghana (2022) | Which Banks are the Best to Buy Treasury Bills From in Ghana? All rights reserved. The above total is how much you'll need to set aside each month in order to meet your non-monthly payments as they come due. If you need 10years later then, 179010=17900 . Treasury bills can be bought from the main branch. Please which interest rates affect the purchase? ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Pls someone should help me with this question. P. O. var e=[];d(a);return e}function q(a){a=a.getAttribute(f);return"string"===typeof a&&""!==a}var f="data-run-module",x="runnerBoxElementProp"+(new Date).getTime(),c=function(){if("function"===typeof window.requestAnimationFrame)return window.requestAnimationFrame;for(var a=["ms","moz","webkit","o"],b=null,c=0;c1",l);return g},set:function(){d(h+"->2",l)},configurable:f})}try{e(!1)}catch(q){try{e(!0)}catch(f){a[b]= It is a short-term money market instrument issued by the government. Easy to buy. 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 } }} It can increase or drop too until your 364 days making 1 year is up. 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 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= Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 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. 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. Yes, to do so the client must maintain the minor as next-of-kin. The Ecobank TBILL4ALL is a mobile-money based investment service that allows you to purchase and manage Government of Ghana Treasury Bills from your mobile phone anywhere without visiting the bank. Yes, your money is safe. 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