This account is available to customers 18-years and older and offers a secure, attractive method of saving funds at a competitive rate, while at the same time allowing for immediate access to funds via our in-house cheque clearance system.
Treasury bills (T-bills) are government-backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year. T-bills for longer periods (1 year Treasury note, the 2 year Treasury bond, and the 3 year Treasury bond) are also available. Treasury bills are made available at all the branches of Zenith Bank.
Roll over only the principal amount and receive accrued interest.
Roll over both the principal and the accrued interest.
Can be re discounted at the bank
Application form to be filled in at the Bank's Customer Services Unit (CSU) , alternatively
Tenor varies depending on type of security:
BOG Bills- for periods below 1 year
BOG Notes-for 1 and two year papers
BOG Bonds-for periods above 2 years Repayment is guaranteed by the Sovereign backing of the Government of Ghana.
Zenith Bank provides timely updates and investment advice to enable you to effectively manage your portfolio.
SBBA is a repurchase agreement transaction whereby a party (SBBA Seller–Zenith Bank) sells securities at an agreed price to the other party (SBBA Buyer-Customer) and subsequently the SBBA buyer and SBBA seller enter into another agreement thereon whereby the former promises to sell and the latter to buy back the securities on a specified future date and at an agreed price.
Minimum transaction value is GHS2,000,000.00.
Principal and interest/coupon is paid at maturity.
Competitive interest rates/yields.
Funds may be rolled over upon request.
91 and 182 day SBBA is currently available to customers.
Securities Backed Investment (SBI) is a repurchase transaction whereby a party (SBI Seller) sells securities at an agreed price to the other party (SBI Buyer) with the promise to buy back the securities on a specified future date (coupon payment date) and at an agreed price.
Minimum transaction value is GHS10,000.00.
The SBI transaction has a fixed maturity date (next coupon payment date). The tenor of the investment will therefore be from settlement date to fixed coupon/maturity date.
Various tenors available.
Principal and interest/coupon is paid at coupon payment/maturity date.