Bond Markets Issuance and Trading for Zimbabwe

The prolonged dearth of the bond market has led to serious erosion of bond trading skills. Effectively, the lack of skills has adversely affected the development of a vibrant bond market even after the economy stabilised during the dollarization period in 2009 – 2013. This has limited the asset classes that are available to investors as well as lessen the financing options available to corporates. Recently, there have been efforts to revive the market for treasury bonds and a few issuers have listed fixed income instruments on ZSE and FINSEC, but very little activity has been noted on the secondary market. In this regard, MEFMI has organised a training on Bond Issuance and Trading in order to address the capacity gaps in this area.