Zimbabwean bonds

Form of legal tender near money

Zimbabwean bonds

Zimbabwe 1-dollar bond coin

ISO 4217
Code| none
Unit
Symbol| $
Denominations
Subunit|
1⁄100| cent
Banknotes| $2, $5
Coins| 1¢, 5¢, 10¢, 25¢, 50¢, $1, $2
Demographics
User(s)|  Zimbabwe
Issuance
Central bank| Reserve Bank of Zimbabwe
Valuation
Pegged by|  U.S. Dollar
This infobox shows the latest status before this currency was rendered obsolete.

Zimbabwean Bonds were a form of legal tender near money released by the Reserve Bank of Zimbabwe which attempts to resolve Zimbabwe's lack of currency. Bonds were pegged against the U.S. dollar at a 1:1 fixed exchange rate and backed by the country's reserve. Since abandoning the Zimbabwean dollar in 2009 after it went into hyperinflation the country began using a number of foreign currencies including the U.S. dollar, South African rand, British pound and Chinese yuan as a means of exchange. The inability to print these currencies led to a shortage of money with banks issuing limits on withdrawals.

## Coins

[edit]

Main article: Zimbabwean bond coins

On 18 December 2014 the Reserve Bank of Zimbabwe began issuing so-called 'bond coins' which were supported by a US$50 million facility extended to the Reserve Bank of Zimbabwe by Afreximbank (the African Export–Import Bank).[1] Pegged against the U.S. dollar coins were denominated at 1, 5, 10, and 25 cents and later followed by a 50-cent coin in 2015.[2] A bi-metallic one-dollar bond coin was released on 28 November 2016.[3] A bi-metallic two-dollar bond coin was released into circulation in 2018.

in 2024 the Zimbabwe gold was introduced and replaced the Zimbabwe dollar.

## Notes

[edit]

Main article: Zimbabwean bond notes

In November 2016 backed by a US$200 million Afreximbank loan the Reserve Bank of Zimbabwe began issuing $2 bond notes.[4] Two months later US$15 million worth of new $5 bond notes were also released.[5] Further plans for $10 and $20 bond notes were ruled out by the central bank's governor, John Mangudya.[6]

## References

[edit]

1. ^ Staff Reporter. "RBZ says bond notes launch Monday". New Zimbabwe. Retrieved 1 May 2017.[permanent dead link]
2. ^ "Zimbabweans suspicious of new 'bond coins'". Times Live. Johannesburg, South Africa: Times Media Group. 22 December 2014. Retrieved 1 May 2017.
3. ^ "Bond notes finally out | The Herald". www.herald.co.zw. Retrieved 1 May 2017.
4. ^ Crabtree, Justina (28 November 2016). "Zimbabwe's issuing new 'bond notes' to avoid a cash crunch". CNBC. Retrieved 1 May 2017.
5. ^ Rahman Alfa Shaban, Abdur (3 February 2017). "Zimbabwe introduces fresh $5 bond notes to ease cash crunch". Africa News. Retrieved 1 May 2017.
6. ^ "RBZ rules out $10, $20 bond notes". News24. Archived from the original on 5 March 2017. Retrieved 1 May 2017.

* v
* t
* e

Economy of Zimbabwe

Currencies in circulation: Zimbabwean ZiG, US dollar, South African rand, Euro and Botswana pula

Economic history|

* Economic history

Industry and business|

* Industrial history

Trade and infrastructure|

* Trade history
* Transportation
* Communications
* Postal
* Tourism

Taxation|

* Tax system

Finance and banking|

* Banking
* Currency/banknotes
* Hyperinflation

Economic-related topics|

* Agriculture
* Demographics

Development|

* International rankings

* Categories
* Outline

* v
* t
* e

Currencies named dollar or similar

Circulating|

* Australian dollar
* Bahamian dollar
* Barbadian dollar
* Belize dollar
* Bermudian dollar
* Brunei dollar
* Canadian dollar
* Cayman Islands dollar
* Cook Islands dollar
* Eastern Caribbean dollar
* Fijian dollar
* Guyanese dollar
* Hong Kong dollar
* Jamaican dollar
* Kiribati dollar
* Liberian dollar
* Namibian dollar
* New Zealand dollar
* Samoan tālā
* Singapore dollar
* Solomon Islands dollar
* Surinamese dollar
* New Taiwan dollar
* Trinidad and Tobago dollar
* Tuvaluan dollar
* United States dollar

Circulating, but renamed|

* Chinese yuan
* Ethiopian birr
* Malaysian ringgit

Obsolete and historical|

* Antigua dollar
* British Columbia dollar
* British North Borneo dollar
* British West Indies dollar
* Ceylonese rixdollar
* Confederate States dollar
* Continental dollar
* Danish rigsdaler
* Danish West Indian daler
* Danish West Indian rigsdaler
* Dominican dollar
* Dutch rijksdaalder
* Greenlandic rigsdaler
* Grenadian dollar
* Hawaiian dollar
* Japanese occupation dollar
* Kiautschou dollar
* Malaya and British Borneo dollar
* Malayan dollar
* Mauritian dollar
* Mongolian dollar
* Nevisian dollar
* New Brunswick dollar
* Newfoundland dollar
* Norwegian rigsdaler
* Norwegian speciedaler
* Nova Scotian dollar
* Penang dollar
* Prince Edward Island dollar
* Puerto Rican dollar
* Rhodesian dollar
* Saint Kitts dollar
* Saint Lucia dollar
* Saint Vincent dollar
* Sarawak dollar
* Sierra Leonean dollar
* Slovenian tolar
* Spanish dollar
* Straits dollar
* Sumatran dollar
* Swedish riksdaler
* Old Taiwan dollar
* Texas dollar
* Trinidadian dollar
* Tobagonian dollar
* Zimbabwean dollar
* Zimbabwean dollar (2019–2024)

Noncirculating|

* Niue dollar
* Pitcairn Islands dollar

Conceptual|

* Eurodollar
* Petrodollar
* International dollar (Geary–Khamis dollar)

Virtual|

* Linden dollar
* Project Entropia Dollar

Fictional|

* Angus Bucks

Private|

* Calgary dollar
* Canadian Tire money
* Disney Dollars
* Liberty dollar
* Salt Spring dollar
* Toronto dollar

See also|

* Dollar sign
* Half dollar
* Quarter dollar
* Holey dollar
* Thaler
* Tolar
* Trade dollar
* Zimbabwean bond coins
* Zimbabwean bond notes

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template