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Government of Ghana Treasury Bills and Bonds Application Form

The document is an application form for Ghanaian government treasury bills and bonds. It requests information such as the applicant's name, address, investment amount, tenor, and interest payment options. It also provides guidelines for submission and defines what constitutes a US person for the purposes of the application.

Uploaded by

Kwasi Bempong
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© © All Rights Reserved
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65 views3 pages

Government of Ghana Treasury Bills and Bonds Application Form

The document is an application form for Ghanaian government treasury bills and bonds. It requests information such as the applicant's name, address, investment amount, tenor, and interest payment options. It also provides guidelines for submission and defines what constitutes a US person for the purposes of the application.

Uploaded by

Kwasi Bempong
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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GOVERNMENT OF GHANA TREASURY BILLS AND BONDS APPLICATION FORM

1. A/C Name

2a. Account # 2b. Date of Birth (dd/mm/yy)


- / /

3. Branch Name
(A/C Domiciled)

4. Address

5a. City 5b. Country

6a. Phone # ……………………………. 6b. Fax ………………………… 6c.Email ……….……………………………………………..…

7. National ID No.

8. Tenor of Investment: Please tick only one


Up to 30 Days 1 Year

31 to 60 Days Beyond 1 Year:

61 to 91 Days Up to 2 Years

92 - 182 Days Up to 3 Years

183 to 363 Days Up to 5 Years

9. Pursuant to the issuance of Treasury Bills and Bonds by Bank of Ghana, the undersigned here offers to purchase security as indicated
below:
a. Investment Amount GHS / USD
•
Cancel One

b. Amount in words …………………………………………………………………………………………..…….……

c. Interest payment upfront Interest payment at maturity

10. a) Re-invest principal only on maturity until further notice

b) Re-invest principal + interest on maturity until further notice (Applicable only to investments up to 182 Days)

c) Do not Re-invest

11. GUIDELINES FOR SUBMISSION OF BIDS


a. For bids with value GHS100,000.00 and above, Branch Official shall call CIB Markets on 0302-680682, 67174, 662230 for live rate and reference.
b. The Bank shall advise the applicable interest rates for the respective investment tenors. Applicants (companies, institutions and individuals) shall
not put in a bid rate when submitting an application.
c. Individuals must submit: i) one (1) passport size photograph ii) a valid Photo ID e.g. Passport, Voters ID, Driver’s Licence
Corporates must submit: i) Company Registration Certificates ii) ID for 2 Directors or Signatories iii) Resolution by Board of Directors
d. CHARGES: Customers will be charged for security services as required by the Central Securities Depository (CSD) Gh Ltd including the following:
i) Trades (Rediscounts) ii) Statement of Accounts ii) Transfer of securities
e. Notes and Bonds are no longer sold at par; amount debited to account will be slightly higher that the nominal amount indicated above.
f. The volume of Treasury securities available for sale is at the discretion of the Government of Ghana. In the event that quantities available for sale
are inadequate to meet the full amount of bids submitted, applicants’ accounts shall be debited with only such amounts as are available, and
Barclays Bank shall not be responsible for acquiring securities with the difference, except where applicants subsequently apply for investment of the
difference.

12. DEFINITION OF US PERSON

1. “U.S. Person” means:

i. Any individual resident in the United States regardless of country of citizenship;


Govt T-Bill Form version 8
24/05/2016
ii. Any partnership or corporation organized or incorporated under the laws of the United States;

iii. Any estate of which any executor or administrator is a U.S. person;

iv. Any trust of which any trustee is a U.S. person;

v. Any agency or branch or a foreign entity located in the United States;

vi. Any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit
or account of a U.S. Person;

vii. Any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized,
incorporated, or (if an individual) resident in the United States; and

viii. Any partnership or corporation if:

a. Organized or incorporated under the laws of any foreign jurisdiction; and

b. Formed by a U.S. person principally for the purpose of investing in securities not registered under the Act or for
otherwise evading the application of U.S. securities laws

2. ‘Resident’ in the United States will mean you are physically located in the US for 3 months or longer in a 12 month period or you want
correspondence / communications to be sent to you / made via :-

i. A US mailing address; or

ii. A US registered address; or

iii. A US office address; or

iv. A US phone number

v. An e-mail address with a US domain

3. The following are not “U.S persons”:

i. Any discretionary account or similar account (other than an estate or trust) held for the benefit or account of a non-U.S. person
by a dealer or other professional fiduciary organized, incorporated, or (if an individual) resident in the United States;

ii. Any estate of which any professional fiduciary acting as executor or administrator is a U.S. person if:

a. An executor or administrator of the estate who is not a U.S. person has sole or shared investment discretion with respect to
the assets of the estate; and

b. The estate is governed by foreign law;

iii. Any trust of which any professional fiduciary acting as trustee is a U.S. person, if a trustee who is not a U.S. person has sole or
shared investment discretion with respect to the trust assets, and no beneficiary of the trust (and no settlor if the trust is
revocable) is a U.S. person;

iv. An employee benefit plan established and administered in accordance with the law of a country other than the United States
and customary practices and documentation of such country;

v. Any agency or branch of a U.S. person located outside the United States if:

A. The agency or branch operates for valid business reasons; and

B. The agency or branch is engaged in the business of insurance or banking and is subject to substantive insurance or banking
regulation, respectively, in the jurisdiction where located; and

vi. The International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development
Bank, the Asian Development Bank, the African Development Bank, the United Nations, and their agencies, affiliates and
pension plans, and any other similar international organizations, their agencies, affiliates and pension plans.
“United States” means the United States of America, its territories and possessions, any State of the
United States, and the District of Columbia.
Govt T-Bill Form version 8
24/05/2016
13. DECLARATION

Are you a US person (as per definition above)? YES NO

I declare that in the event that my status and personal details change to meet the definition of a US person, I confirm that I will inform the Bank
immediately. Furthermore, I confirm that no information and / or advice have been received with respect to this purchase from any employee of
Barclays Bank and that I understand the risks associated with such an investment.

Signature of Applicant………………………………………………………………… Date: / /

14. ORIGINATING BRANCH ATTESTATION


Branch Stamp
a. Is customer’s address above the same as in BRAINS? YES NO c. Name of Branch……………..........................

b. Is customer a US Person? (ie. per definition above) YES NO d. Customer KYC Compliant? YES NO

(Please attach evidence from FOS)

Applicant’s Signature Verified By: ……………………………………………. Signature……………………………… Page No…............


(Name of Branch Official)

Place Branch Stamp Here

_______________________________________________________________________________________________________________________

Govt T-Bill Form version 8


24/05/2016

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