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RADP / Pulse Ghana  >  news  >  business

Investment instruments to explore following decline of interest rate on TBills

Magdalene Teiko Larnyoh

The General Manager of NDK Capital Limited, Kwaku Wolanyo Mensah Hammond shares with pulse.com.gh what other instruments available in Ghana for investors to take opportunity of.

Some investors in Ghana have started ditching the Treasury Bill investment instrument in Ghana following the continuous decline in its rates.

At the beginning of 2016, the Treasury Bill rates for the 91 and 182 days was at 22 and 23 percent respectively.

However, according to the Bank of Ghana, as at Wednesday (January 4, 2017) the rate for 91 day TBill had dropped further to 16.7 percent while that of 182 days stood at 17.91 percent.

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Most of the investors are now exploring other investment facilities.

So one will ask, what other investment instruments are available for investors in Ghana.

The General Manager of NDK Capital Limited, Kwaku Wolanyo Mensah Hammond shares with pulse.com.gh what other instruments available in Ghana for investors to take opportunity of.

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    1. SAVINGS ACCOUNT

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    2. FIXED DEPOSIT ACCOUNT

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    3. SHARES/STOCKS

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    4. BONDS

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    5. MUTUAL FUNDS

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    6. Other Business Venture –An emerging business opportunity

Magdalene Teiko Larnyoh Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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