The Absa Bank Ghana Treasury Bill Rate is the interest rate that the bank charges on its treasury bills. Treasury bills are short-term debt securities issued by the government. They are a popular investment for individuals and institutions because they offer a relatively safe and secure way to earn a return on their investment.
The Absa Bank Ghana Treasury Bill Rate is set by the bank’s treasury department. The rate is based on a number of factors, including the current market conditions, the bank’s cost of funds, and the risk associated with the investment.
Absa Bank Ghana Treasury Bill Rate
The current Absa Bank Ghana Treasury Bill Rate is 19.4381%. This means that if you invest GHS 100 in a treasury bill, you will earn GHS 19.4381 in interest over the life of the bill.
The Absa Bank Ghana Treasury Bill Rate is a good way to earn a return on your investment while still maintaining a relatively low level of risk. If you are looking for a safe and secure investment, treasury bills may be a good option for you.