FULL TEXT: Govt Issues "365-Day" Treasury Bills
4 years agoWed, 09 Oct 2019 06:35:55 GMT
The Reserve Bank of Zimbabwe has issued a 365-day Treasury Bills to fund government operations. Treasury Bills are short-dated, usually 91 days, securities used by the government when borrowing from the market. They are issued by the Reserve Bank on behalf of the government. Through investing in Treasury Bills, clients earn fair returns at minimum risk since the securities are government-backed.