Bonds

What Are Zim Bonds?

Zimbabwean Bonds are a type of legal tender close money issued by the Reserve Bank of Zimbabwe to address the country’s currency shortage. Bonds are backed by the country’s reserve currency and are pegged to the US dollar at a 1:1 fixed exchange rate. After abandoning the Zimbabwean dollar in 2009 due to hyperinflation, the

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What Are Victory Bonds?

War bonds are government-issued debt securities used to fund military operations and other war-related expenses. They can also be used to manage inflation by removing money from circulation in a wartime economy that has been inflated. Retail bonds are sold directly to the public, while wholesale bonds are exchanged on a stock exchange. Appeals to

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