Nedbank picks up $70 million RBZ bonds

14

RECENTLY-REBRANDED Nedbank Zimbabwe (Nedbank) has over the first six months of this year taken up $70 million of the Reserve Bank of Zimbabwe’s (RBZ) savings bonds, the financial institution’s managing director Charity Jinya has said. The bonds, which were introduced by the central bank in September 2017 to mop up excess liquidity on the real…