Regulatory Alerts2020-07-03
Zimbabwe Government 364 and 270-Day Treasury Bill Results, 03 July 2020
The Reserve Bank of Zimbabwe issued Treasury Bill auction results on 3 July 2020, establishing a uniform rate of 50.00 percent for the 364-day bill and an average rate of 19.14 percent for the 270-day bill. The central bank rejected all submitted bids totaling ZWL$50 million for the longer tenor while accepting ZWL$70 million out of ZWL$120 million in bids for the shorter tenor. These allocations fulfill a total government liquidity offering of ZWL$500 million.
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