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Some Zimbabweans looking forward to Bond Notes

7 years agoThu, 29 Sep 2016 11:01:20 GMT
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Some Zimbabweans looking forward to Bond Notes

It has emerged that some Zimbabweans are looking forward to the Bond Notes being introduced in Zimbabwe. According to a report on News24, such people, who are doing so for speculative reasons, hope that the Bond Notes will lose value drastically similar to the way the Zim Dollar did in the hyperinflationary period of the last decade.

When the Bond notes lose value, speculators are hoping to:

  • Paying all government bills
  • Paying off debts
  • Buying and sell forex

More: News24

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