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ZB holds on to $117m treasury bills

HARARE – Intergrated financial services group, ZB Holdings (ZB), says it will not dispose its $117 million Treasury Bills (TBs) any time soon despite significant systemic settlement risk posed by the government-backed papers. ZB chief executive Ron Mutandagayi said the financial institution was not under pressure to off-load its TB portfolio, which increased 18 percent…

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