Zimbabwean bond notes | |
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A 2 dollar bond note
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ISO 4217 code | USD |
Country | Zimbabwe |
Issuers | Reserve Bank of Zimbabwe (2014–present) |
Denominations | $2, $5 |
Zimbabwean bond notes are a form of banknote in circulation in Zimbabwe. Released by the Reserve Bank of Zimbabwe the notes are stated to not be a currency in itself but rather legal tender near money pegged equally against the U.S. dollar. In 2014 prior to the release of bond notes a series of bond coins entered circulation.
In November 2016 backed by a US$200 million African Export-Import Bank loan the Reserve Bank of Zimbabwe began issuing $2 bond notes'. Two months later US$15 million worth of new 5 dollar bond notes were also released. Further plans for a $10 and $20 bond notes were ruled out by the Reserve Bank's governor John Mangudya.