Zimbabwe's Finance Minister Courts Investors on $200M Bond-Sale Roadshow

The transcript discusses Zimbabwe's efforts to raise $200 million through bonds, highlighting investor interest in yield and strategies to mitigate risk, such as using escrow accounts and insurance. The bonds are denominated in US dollars to avoid currency risk. The discussion also touches on cryptocurrency as a potential asset class, with caution due to its volatility. Inflation control measures, including monetary and fiscal policies, are outlined. Finally, Zimbabwe's progress in vaccine procurement and rollout is detailed, aiming for herd immunity.

What is the primary goal of Zimbabwe's bond issuance strategy?

• To increase domestic spending

• To stabilize the local currency

• To support local businesses

• To attract investors by minimizing risk and maximizing yield

In which currency are Zimbabwe's bonds denominated?

• U.S. Dollar

• British Pound

• Zimbabwean Dollar

• Euro

What is the main purpose of the Victoria Falls Stock Exchange?

• To trade local commodities

• To regulate the parallel market

• To list bonds denominated in U.S. dollars

• To support small businesses

How does Zimbabwe view cryptocurrencies in their economic strategy?

• As a primary transaction currency

• As a speculative investment

• As a potential asset class for future exploration

• As a replacement for the U.S. dollar

What is Zimbabwe's approach to managing inflation?

• Reducing interest rates

• Implementing strict monetary and fiscal policies

• Devaluing the local currency

• Increasing government spending

What is the target population coverage for Zimbabwe's vaccine rollout?

• 20 million people

• 15 million people

• 10 million people

• 5 million people

What is the main driver of inflation in Zimbabwe?

• Rising commodity prices

• Increased foreign investment

• Exchange rate volatility

• High government spending