Treasury restructures debt
STAFF WRITER Finance Minister Professor Mthuli Ncube has said Treasury has reached an agreement with creditors to extend the maturities on legacy Treasury Bills (TBs), easing the pressure from upcoming repayments. The restructuring addresses a substantial maturity profile of US dollar-denominated domestic securities, totaling approximately US$4.37 billion and spanning from 2025 to 2043. Of particular…
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