HomePolitics

RBZ says it will not disclose bond notes features before their launch next week

7 years agoWed, 23 Nov 2016 00:02:54 GMT
Share on FacebookShare on TwitterShare on LinkedIn
RBZ says it will not disclose bond notes features before their launch next week

The Reserve Bank of Zimbabwe (RBZ) has said that it will not disclose bond notes features before their launch next week for security reasons.

RBZ governor, Dr John Mangudya said,

We will only advertise the features of the bond notes simultaneously with their release and this is for security reasons. For example, if we are to reveal before their release that one of their features is brown in colour that threatens the security, which we are supposed to give to the notes before they start circulating.

Dr Mangudya has hinted that bond notes worth $75 million of the $200 million Afrexim Bank would be released by the end of December in $2 and $5 denominations.

More: Chronicle

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback