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How To Purchase Treasury Bills Through MTN Mobile Money

There are treasury bills that are sold by the government of Ghana to the general public. Anyone can purchase a treasury bill from the government for as low as GHS 5.

The purchase of treasury bills is one of the investments that most people usually invest in, although their returns are not that high compared to investment vehicles.

Before we get started, we need to know what a treasury bill is first.

What Is A Treasury Bill? 

A treasury bill is a short-term investment product backed by the Bank of Ghana for the government of Ghana.

The government pays back the money it borrowed from the buyer of the treasury bills and the interest after it has matured at the given time.

So a treasury bill means that the government borrows money from the person who buys the bills, with an agreement to pay the money together with interest.

The government used the funds used for purchasing treasury bills since it is one way the government earns money as an alternative to taxes. 

Treasury Bill VS. Fixed Deposit

Both treasury bills and the fixed deposit are essential investment vehicles. However, one of them is more profitable than the other.

The government offers treasury bills, while a bank is providing a fixed deposit. The treasury is better than the fixed deposit.

Most banks offer an interest of 5% or lower on a fixed deposit. However, the treasury bills rate for the year 2018 was 6.65% for a year. 

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Treasury Bills VS. Company Shares

In simple terms, treasury bills are considered safer than company shares. When you buy treasury bills, your profit is fixed depending on the length of the investment after which, you are to be paid back.

With the company shares, your investment typically earns your profit according to what the company makes in that particular month.

So sometimes you can earn more than what someone will make on treasury bills, and you can sometimes earn less than what that person will make on treasury bills.

The company’s profit depends on how high your investment is, while the treasury bills are fixed on several days you choose. 

Purchasing Treasury Bills Through MTN Mobile Money

If you are thinking about getting into investments (this is a tech site, so we will not go too deep in assets, lol) and purchasing treasury bills but do not know how to go about it, we can help you with that.

Few people know that MTN makes it possible for you to purchase treasury bills from the comfort of your home.

We will show you how to buy treasury bills through MTN from the comfort of your home using their mobile money platform. 

Follow the steps below to do just that.


First, you will need to register for the treasury account.

  1. Dial *170#
  2. Select 5, financial services
  3. Select 4, pensions and investment
  4. Select 2, treasury bills
  5. Select 1, register
  6. Input your name in full, press send
  7. Input the name of your next of kin
  8. Enter the number of your next kin
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Buying Treasury Bills

After you have completed the registration, you can now buy the treasury bills that you want. Follow the steps below.

  1. Dial *770#
  2. Select option 2, Tbill4all
  3. Follow the steps to complete the purchase


You can purchase treasury bills from as low as GHS 5 to as much as you can afford. You can choose for the maturity of the accounts you buy to run for just 91 days or for a full year. Leaving it to run for a length of an entire year carries the highest interest rate.

This is all that you need to know about the treasury bills in Ghana. We hope this information is ideal for your investment thoughts. 

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