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Home » ‘Treasury Bills lose lustre’
Companies & Markets

‘Treasury Bills lose lustre’

written by Omega Ukama 0 comments
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NMBZ Holdings (NMBZ) says it is not keen on “vigorously” pursuing Treasury Bills anymore because it considers the yield to be unattractive. In recent years, Zimbabwean financial institutions, including NMBZ’s commercial banking unit, NMB Bank, have been increasing capital allocation towards investment securities, particularly Treasury Bills, after controlled lending rates and other factors had exerted…

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