By 
The Reserve Bank of Zimbabwe has notified the public of the results of RBZ Gold-Backed Digital Tokens Issue No. 28/2024 held on Wednesday 6 March 2024.
The bank has received six applications valued at ZW$12,959,147,920.50 to purchase the tokens and the full amount was allotted.
On 6 March 2024, the number of bids received was 6, and the value of the bids received was ZW$12,959,147,920.50. The amount allotted was ZW$12,959,147,920.50, and the price per milligram of gold was 1,267.65. the milligrams of gold purchased was ZW$10,222,970.00.
The statement said, “Total milligrams of gold purchased 10,222,970.00 (10.22 kgs of gold). Cumulative milligrams purchased 769,601,766.00 (769.60 kgs of gold)”.
The applications for RBZ Gold-Backed Digital Tokens should be submitted through the banks and the tokens will be issued daily on a tap basis.
Comments