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RBZ to release bond notes worth $300 million in the next two weeks

RBZ to release bond notes worth $300 million in the next two weeks

Reserve Bank of Zimbabwe (RBZ) Governor Dr Mangudya has revealed that in the next two weeks it will release bond notes worth US$300 million to bring the total bond notes in circulation to US$500 million. The US$300 million bond notes will reportedly be supported by Afrexim Bank.

Mangudya said:

The new export incentive will be a continuation as there shall be no gap to say we wait for days to release the new bonus incentives.

More: Sunday Mail

 

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