View source for Zimbabwe Bond Notes

{{Infobox currency
| currency_name_in_local = Zimbabwe Bond Notes
| image_1 = Bond-coins.jpeg
| image_title_1 = Bond Coins introduced in December 2014 and seen as a precursor to the notes
| iso_code =
| issuing_authority = [[Reserve Bank of Zimbabwe]]
| issuing_authority_website = www.rbz.co.zw
| date_of_introduction = 
| date_of_introduction_source =
| using_countries = [[Zimbabwe]]
| inflation_rate =
| inflation_source_date = 
| subunit_ratio_1 = 1/100
| subunit_name_1 =
| symbol =
| symbol_subunit_1 =
| nickname = Bond Notes, Zim Dollar
| nickname_subunit_1 =
| plural =
| plural_subunit_1 =
| frequently_used_coins =
| rarely_used_coins =
| frequently_used_banknotes =
| rarely_used_banknotes =
}}
''Bond Notes'' are a currency of notes backed by a bond that the Zimbabwe government announced on 4 May 2016. [[Reserve Bank of Zimbabwe]] (RBZ) governor [[John Mangudya]] made the announcement. The bond notes will be in denominations of $2, $5, $10 and $20.<ref name="tc01">[http://source.co.zw/2016/05/update-zim-to-introduce-bond-notes-as-cash-shortages-bite/ UPDATE: Zim to introduce bond notes as cash shortages bite], ''The Source, Published:4 May 2016, Retrieved:5 May 2016''</ref>

Circulation of the notes will start in May. The total value of the notes were said to be backed by the same $200 million Africa Export Import Bank (AFREXIM) facility that is backing the [[Bond Coins]]. 

==Why Bond Notes==
The Bond Notes were to introduced to help ease the [[Zimbabwe Cash Shortage 2016 | cash shortage]] in the country. The Cash shortage came about as use of the South African Rand reduced (due to the weakening of the SA Rand following a downturn in South Africa's economy) causing an increased demand on the US dollar. Zimbabwe has not currency of it's own after having ditched it in 2009 following hyperinflation.

==Skepticism from ZImbabweans==
The introduction of the Bond Notes was widely viewed skeptically by Zimbabweans as it was seen as a return to the Zimbabwe Dollar dollar days of Hyperinflation. 

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|+Related Profiles You Might Want to See
|- class="pintablemore" style="background:#005400;color:#ffffff;font-size:110%;"
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* [[Reserve Bank of Zimbabwe]]
* [[Ministry of Finance]]
* [[Zimbabwe Bond Notes]]
* [[John Mangudya]]
* [[Gideon Gono]]
* [[Tendai Biti]]
* [[Patrick Chinamasa]]
* [[Zimbabwean Dollar Notes and Denominations]]
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==References==
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[[Category:Economy]]