Treasury Bills

The Reserve Bank of Zimbabwe (RBZ) last week rejected all $50 million worth of bids for the 364-day Treasury Bills (TBs) the apex bank had floated in order to raise funding to cover Government’s expenditure needs arising from the…
Read More...

The Reserve Bank of Zimbabwe (RBZ) is seeking to raise $500 million through the issuance of Treasury Bills to fund Covid-19 pandemic expenditure.
Read More...

Parliament yesterday slammed the Reserve Bank of Zimbabwe (RBZ) for carrying out quasi fiscal activities outside its mandate and using taxpayers and pensioners’ money to fund government activities.
Read More...

Zimbabwean banks need to stop lending to government as their exposure to Treasury Bills (TBs) could work against the sector in the future, a local think tank has warned.
Read More...

The Zimbabwean government has been warned against excessive use of Treasury Bills (TBs), which could collapse the local banking system as the government-backed paper is not backed by any physical assets.
Read More...

The value of Treasury Bills (TBs) has outstripped bank equity capital by 1,7 times, a new report indicated this week, raising questions over the financial sector’s ability to continue absorbing the paper.
Read More...

Zimbabwean banks face insolvency due to a growing portfolio of Treasury bills (T-bills) and electronic funds transfers unsupported by cash reserves, the International Monetary Fund (IMF) has warned.
Read More...

HARARE - Reserve Bank of Zimbabwe (RBZ) has begun payments of a 16-year-old debt to diversified conglomerate, Meikles Holdings Limited (Meikles).
Read More...