How to Buy Government Bonds

When government or even companies want to raise capital or funds from the public, they issue bonds for people to invest in.

When you purchase a government bond, you literally lend money to the government. You will receive a steady stream of payment at periodic intervals through the bond’s lifetime.

The amount the investor receives is expressed as a percentage of the original amount or face value that has been lent.


Some bonds do not offer interest payment, at least not a steady payment stream.

When the bond reaches maturity or ends its tenure, the original amount or face value and the accumulated interest will be received.

In Ghana, government bonds are known as treasury bills, and these assets have types. The most common ones are 91 days and 182 days treasury bills.

How to buy Government of Ghana bonds

You can buy treasury bills in Ghana, and it is easy and risk-free. You can purchase these bills from any commercial bank of your choice.

All you have to do is to take along with you two passport-sized photos, your driver’s license, passport, or voter ID for identification.

You will then be allowed to fill out an application form indicating the amount you wish to buy and the type of instrument.

The bank will then make the purchase on your behalf. Buying a treasury bill is one of the safest ways to have your money work for you.

When the time is due for you to get your interest, you can choose to roll over and start all over again; this will generate more profit at the end of the investment.

Apart from the above traditional method, you can also purchase treasury bills through mobile money from the comfort of your home. You will need to follow the steps below to buy a government bond through MOMO.

  1. Dial *170#
  2. Choose option 5 for financial services
  3. Choose option 4 for pensions and investment
  4. Choose option 2 for treasury bills
  5. Choose option 1 to register
  6. Enter your full name
  7. Enter the name of your next of kin
  8. Enter the phone number of your next of kin

You are registered with the MTN mobile money Treasury bill platform; once you complete this process, you can start making the purchase now. See how to purchase a treasury bill below.

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  • Dial *770#
  • Choose option 2 for TBill4all
  • Follow the next set of commands to complete the transaction.

This service is known as TBill4all, and it is a collaboration between MTN Ghana and Ecobank Ghana. However, you do not need an Ecobank account to access this service.

Buying a treasury bill in Ghana is that easy. You are doing the government of Ghana a favor. It may be your investment used for specific developmental projects in Ghana and is it not better for the government to borrow money from its citizens than from the international monetary fund?

Why buy treasury bills?

Buying treasury bills and investing your money is essential. Here is why: you earn a fixed rate of interest which yields a steady source of income.

Treasury bills are risk-free because you are literally lending money to the Bank of Ghana, backed by the Government of Ghana. Did you know that your treasuries can be used as collateral for a loan? When you want to loan money from the money, you can use your treasuries as your collateral.

Treasury bills can also be sold or discounted, and their statements can be used when applying for visas.

Investment is one of the best things you can do if you want to secure your future finances.

It allows you to save while gaining profit. Instead of spending your money lavishly on unimportant things, you can invest it and allow it to work for you. Even if you are the laziest person on earth, you can still get food to eat if you learn all about investment.

Visit the Ghana Stock Exchange website on to know the bill rates.

We hope the information in this article was helpful enough. If you have any questions or suggestions, leave them in the comment section below.

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