The Reserve Bank of Zimbabwe has issued a 365-day Treasury Bills to fund government operations. Treasury Bills are short-dated, usually 91 days, securities used by the government when borrowing from the market. They are issued by the Reserve Bank on behalf of the government. Through investing in Treasury Bills, clients earn fair returns at minimum risk since the securities are government-backed.
FULL TEXT: Govt Issues “365-Day” Treasury Bills
Reserve Bank of Zimbabwe
Which government programmes?
To buy tear gas?
To buy fuel for Zupco which is operating at a loss?
For the big fish to loot?
To hire expensive planes?
Easy and free money for Zanu because there is no thick line between Zanu and government. Zanu is government. Zanu is the law.