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RBZ issues more bond notes

NewsDay Staff ·

RBZ issues more bond notes

The Reserve Bank of Zimbabwe (RBZ) has issued $43,9 million worth of bond notes, bringing the total to $72,9 million as at December 31, as the central bank forges ahead with the scheme to incentivise exporters.

As at December 16, the RBZ had issued bond notes worth $29 million. The bond notes were introduced into the market on November 28 under the $200 million export incentive facility guaranteed by the African Export-Import Bank to boost exports and generate more foreign currency for the economy.

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