Zimbabwe : Government mulls listing debt instruments on the Zimbabwe Stock Exchange

THE government is negotiating with the Zimbabwe Stock Exchange (ZSE) to list its debt instruments on the bourse to raise capital, Standardbusiness can reveal.
1M | 3M | YTD | 1Y | 2Y |
+2.02% | +8.25% | -3.81% | -18.23% | -99.82% |
Value Traded (ZiG) 4,261,919.62 |
Volume 720,387 |
Transactions 116 |
Market Cap. (Millions ZiG) 67,560.02 |
THE government is negotiating with the Zimbabwe Stock Exchange (ZSE) to list its debt instruments on the bourse to raise capital, Standardbusiness can reveal.
Zimbabwe’s capital markets underwent significant changes and adaptation and while challenges such as low liquidity and regulatory hurdles remain, efforts to engender durable currency stability and resolve the sovereign debt suggest a bright future.
The Zimbabwe Stock Exchange (ZSE) faced a challenging November, with total market capitalisation dropping by 32%, businessdigest reports.
The Victoria Falls Stock Exchange (VFEX) achieved a record-breaking milestone on Tuesday, posting its highest-ever daily turnover of USD$17,595,419.45 with a total of 54,920,505 shares traded.