The surprising twist in Ghana's latest treasury bills auction

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• Gh 3 months ago

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• You see. People are buying dollars 3 months ago

  They are cheating the government. The banks are hoarding the dollars while buying at bills. What kind of wickedness is this? How can the country develop?

  They are cheating the government. The banks are hoarding the dollars while buying at bills. What kind of wickedness is this? How can the country develop?

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• BOG TREASURY BILLS SOLD IN GHANA IS INELASTIC 3 months ago

  THE DEMAND FOR BANK OF GHANA TREASURY BILLS ARE INELASTIC FOR INVESTORS EVEN AT 5% INTEREST RATE PER ANNUM.THIS IS BECAUSE ITS SECURED ,SAFE AND GUARANTEED TO YIELD INTEREST FOR INVESTORS. UNLIKE OTHER FORM OF INVESTMENT WHE ...
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  THE DEMAND FOR BANK OF GHANA TREASURY BILLS ARE INELASTIC FOR INVESTORS EVEN AT 5% INTEREST RATE PER ANNUM.THIS IS BECAUSE ITS SECURED ,SAFE AND GUARANTEED TO YIELD INTEREST FOR INVESTORS. UNLIKE OTHER FORM OF INVESTMENT WHERE IT MAY DEPEND ON FACTORS SUCH AS DUMSOR,LABOUR SHORTAGE, BAD WEATHER, PANDEMIC [COVID],PRODUCTIVITY AND SALES PROBLEMS, SUPPLY CHAIN ISSUES, FOREX EXCHANGES ,BAD MANAGEMENT &CORRUPTION, FLOODS, ETC .INVESTMENT IN TREASURY BILLS SAFEGUARD ALL THESE LISTED PROBLEMS AND GIVES YOU GUARANTEE OF INTEREST RETURN ON YOUR INVESTMENT SAFELY.AT LOWER RATE OF INTEREST WILL ALSO ALLOW BANKS TO BORROW FUNDS TO BUSINESSES AT A LOWER RATE TO BOOST ECONOMIC GROWTH AND DEVELOPMENT IN GHANA.

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