Bond Notes Will Improve Liquidity

Tuesday, October 25, 2016

A CROSS-SECTION of manufacturers and retailers are optimistic that bond notes, which are expected in the market early next month, will improve liquidity in the economy. Reserve Bank of Zimbabwe Governor Dr John Mangudya has said bond notes are backed by a US$200 million facility from the Egypt-headquartered African Export-Import Bank. Dr Mangudya also said bond notes were not a way of re-introducing the Zimbabwe dollar.

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