Treasury Bills are short-term debt instruments (securities) issued by the Government of Ghana with a maturity of less than on year. They commonly have maturities of 91 days and 182 days. Treasury Bills are issued at discount from par, which means that rather than making fixed interest payments like conventional bonds, income is earned by the difference between the face value and the price of the security.
Bank of Ghana also periodically issues short –dated bills to support its monetary operations.
