Zimbabwe holds first treasury bill auction in seven years

Reserve Bank of Zimbabwe — Photo: Baynham Goredema/Flickr

- Central Banking Newsdesk
- 06 Aug 2019

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The Reserve Bank of Zimbabwe has held its first auction of government debt since 2012, in a move marking a significant change in policy.

But the news follows an announcement by Zimbabwe’s finance minister that the government will not publish official inflation figures until next year. Finance minister Mthuli Ncube told lawmakers on August 1 that year-on-year inflation figures would be delayed until February, local newspaper The Zimbabwe Daily reported.

Zimbabwe agreed a “staff monitored

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