Do you want to know the current CBG treasury bill rate in Ghana? CBG has T-bills forming an integral part of its assets.
In this guide, you will be provided with what the current rate for Treasury bills is and other essential information about CBG T-bills, like how to purchase and what you need to purchase Treasury bills at Consolidated Bank.
Consolidated Bank Ghana has Treasury bills facilities available for all, either customer or non-customer. CBG Treasury bill rates are categorized into two, buying rate and selling rate.
The selling rate for T-bills refers to the rate at which a treasury bill is sold, while the buying rate is the rate at which it is purchased.
CBG has various treasury bill types. In this guide, you will be provided with all the various selling and buying rates for CBG treasury bills in Ghana.
Consolidated Bank treasury bill is only purchased at their various outlets in Ghana.
What Is The Current CBG Treasury Bill Rate In Ghana
Here are the current treasury bill rates at Consolidated Bank Ghana:
Type Buying Rate % Selling Rate%
91-day bill 17.00 12.32
182-day bill 18.00 12.94
364-day bill 19.00 15.50
2-year note 19.80 16.80
3-year bond 20.00 17.50
5-year bond 20.30 18.30
Requirements To Purchase Consolidated Bank Ghana Treasury Bill
The following are what you need to purchase Treasury bill at Consolidated Bank Ghana:
- Two-sized passport photographs
- A valid national ID (Voter ID, Ecowas Card, Passport, or Driver’s license)
- An adequate amount for purchase
How Can I purchase the CBG Treasury Bill
Below are the steps to purchase Treasury bill at Consolidated Bank Ghana:
1. Go to any CBG branch near you
2. Request to purchase treasury bill from any of their staff
3. You will be directed to the appropriate department.
4. You will be briefed about the various treasury bill available.
5. You will be provided with the purchasing form.
6. Kindly fill it, and submit it to the agent.
7. Collect your receipt
What’s The Minimum Amount To Purchase Treasury Bill
CBG has no specified amount being the minimum amount with which you can buy T-bill from their various branches in Ghana. This means there is no minimum amount to start a treasury bill.
However, it would be worthwhile to put in a substantial amount as by that way your returns would be relatively more.
What’s the Maximum Amount To Purchase Consolidated Bank Treasury Bill
There is no maximum amount to purchase a treasury bill at CBG Ghana.
However, to earn a significant amount from the CBG treasury bill purchase, you will need to put in a substantial amount.
How Long Can I Purchase Consolidated Bank Ghana Treasury Bill
Consolidated Bank Ghana treasury bill has a minimum investment period of 91 days and a maximum period of 5 years. Kindly note that the interest rate for the various duration is not the same.
That is all we have for you about the current CBG treasury bill rate in Ghana.
Read the related Consolidated Bank articles below:
Ownership, How To Contact CBG, List Of Banks, Unibank, Saturdays, Consolidated Code, Internet Banking Registration, International, Current Interest Rate, USSD Code, Interest Rate, Launch Date, How Many Banks, BIC Code, Internet Banking, Short Code, Transfer From Other Banks, Withdraw Money, Formation Date, Open Account.