You can buy Bank of Ghana 91-day and 182-day Treasury bills from your phone using Ecobank’s TBill4All service through MTN Mobile Money. The service allows eligible MTN MoMo users to invest from as little as GH₵5 without opening a traditional Ecobank account.

What Are Treasury Bills?

Treasury bills, or T-bills, are short-term debt instruments issued by the Government of Ghana through the Bank of Ghana. When you buy one, you are effectively lending money to the government for a fixed period—91 days (about 3 months) or 182 days (about 6 months).

T-bills are sold at a discount and redeemed at face value at maturity. For example, if you invest GH₵1,000 in a 91-day bill, you receive the agreed maturity value when the bill matures; the difference represents your return. The Bank of Ghana determines rates through weekly competitive auctions.

Why Use Ecobank Mobile & MoMo?

Ecobank Ghana’s TBill4All is a mobile-money-based Treasury bill service developed with MTN Ghana. It lets MTN MoMo customers buy 91-day and 182-day bills directly from their mobile wallet, making it especially useful for people who do not have a bank account.

Requirements Before You Start

rsonal details and verification information, including your Ghana Card details. Existing users can proceed directly to the investment menu.yen.com+1

Step 3: Select Treasury Bill Investment

Choose the option to buy a Treasury bill. The platform should display the available tenors, including the 91-day and 182-day bills.yen.com+1

Step 4: Choose 91-Day or 182-Day

Select your preferred maturity period:

• 91-day Treasury bill: Best for money you may need in roughly three months.

• 182-day Treasury bill: Suitable for funds you can set aside for about six months and generally offers a higher annualised rate than the 91-day bill.databankgroup+2

Step 5: Enter the Amount

Enter the amount you want to invest. Through TBill4All, the advertised minimum is GH₵5, although investing a larger amount may be more practical once charges and your financial goals are considered.yen.com+1

Step 6: Confirm and Authorise

Review the investment details, including the amount and tenor. Then authorise the transaction using your MTN MoMo PIN. Do not share your MoMo PIN with anyone, including someone claiming to be an Ecobank or MTN agent.yen.com+1

Step 7: Save Your Confirmation

After a successful purchase, you should receive an SMS or USSD confirmation. Keep it until the bill matures, and record the purchase date, amount, tenor, and expected maturity date.yen.com+1

How to Buy Through the Ecobank Mobile App

If you already bank with Ecobank, you may also be able to buy Treasury bills through the Ecobank Mobile App or by contacting Ecobank’s investment desk. Bank-based purchases may require an Ecobank account, valid identification, and a Central Securities Depository, or CSD, client ID for first-time investors.gcbbank.com+1

A typical process is:

1. Log in to the Ecobank Mobile App.

2. Look for Investments, Treasury Bills, or a similar menu.

3. Select the 91-day or 182-day bill.

4. Enter your investment amount.

5. Review the rate, maturity date, and terms.

6. Confirm the transaction using your app security credentials.

Because app menus and eligibility rules can change, confirm the live process with Ecobank Ghana before relying on it.accrastreetjournal

91-Day vs 182-Day: Which Should You Choose?

For example, using the Bank of Ghana auction rates reported for 26 October 2026, a GH₵1,000 investment was estimated to earn about GH₵11.53 over 91 days at 4.61% and about GH₵31.46 over 182 days at 6.29%. These are illustrations only; your actual return depends on the rate at the time of purchase and applicable charges.yen.com

What Happens at Maturity?

When your Treasury bill matures, you generally receive your principal plus the agreed return. Depending on the service and your instruction, the money may be paid into your MoMo wallet or bank account, or automatically reinvested.databankgroup+1

If you want your money to keep growing, check whether rollover is available and choose the option that suits you:

• No rollover: Receive the full maturity value in your wallet or account.

• Rollover principal only: Reinvest the original amount and receive the interest separately.

• Rollover principal and interest: Reinvest both the original amount and the return for compounding.yieldwave.blogspot

Important Things to Know

• Treasury bills are government securities, but no investment is entirely risk-free; inflation, liquidity needs, and operational delays still matter.yen.com

• Your money is committed for the full tenor. Unlike a regular savings account, you may not be able to withdraw it instantly before maturity.yieldwave.blogspot

• TBill4All is advertised for MTN Mobile Money users; customers on other mobile-money networks may need to use a bank or licensed securities dealer instead.swiftpesa.co

• Always confirm the current rates, minimum amount, shortcode, and terms directly with Ecobank Ghana or MTN before transacting.yen.com+1

• Never respond to unsolicited calls or messages asking for your MoMo PIN, OTP, or Ghana Card PIN.

Frequently Asked Questions

Can I buy a Treasury bill without an Ecobank account?

Yes. Ecobank’s TBill4All service is advertised as available to MTN MoMo users without requiring a traditional Ecobank bank account.yen.com+1

What is the minimum amount?

The advertised minimum for Ecobank TBill4All is GH₵5 for a 91-day or 182-day Treasury bill.yen.com+1

Which code do I dial?

Dial *770# on an MTN line to access Ecobank’s TBill4All Treasury bill service.yen.com+1

Are Treasury bills safe?

They are considered relatively low-risk because they are government obligations, but you should still consider inflation and your need for access to the funds before maturity.gcbbank.com+1

Where can I check current rates?

Check the Bank of Ghana’s official website for the latest Treasury bill auction results and rates.