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The First Issue of Zimbabwe Agro Bills, investors invited to subscribe

by Nare Msupatsila
02 Dec 2011 at 06:49hrs | Views
Investors are invited to subscribe for the Agro Bills, the proceeds of which will be used to finance agricultural production for the 2011/2012 season.

Offer Details
Amount : US$ 100.0m
Issuer : Agricultural Marketing Authority
Tenor : 360 days
Interest rate : On tender basis
Offer opens : Friday 9 December at 0800hrs
Offer closes : Friday 9 December at 1400hrs

Special Features
 Prescribed Asset Status
 Liquid Asset Status
 Tax Exemption Status

Security
 Government Guarantee
 CBZ Bank Credit Wrap

Applications must be made in multiples of US$ 10,000 and should be clearly marked as "Agro Bills."

Source - Byo24News
More on: #Agro_Bills