Government to list debt securities

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FINANCE minister Mthuli Ncube says the government will starting in January next year, list debt instruments on local exchanges to reduce costs and to broaden Zimbabwe’s capital markets.
The country’s three securities exchanges — the Zimbabwe Stock Exchange (ZSE), the Financial Securities Exchange (FINSEC) and the Victoria Falls Stock Exchange (VFEX) — currently do not have any listings of government paper, and have a narrow list of instrument options.