![]() (viii) Buy Back Arrangement - At the instance of the holder, the Bank will buy back the coin. (vii) Collateral - The coin can be used as security for loans and credit facilities. (vi) Prescribed Asset Status – The coin will have prescribed asset status and institutional investors can use it to meet regulatory requirements for prescribed asset investments. ![]() The coin may also be used for transactional purposes. (v) Liquidity and Tradability – The coin will have liquid asset status, that is, it will be capable of being easily converted to cash, and will be tradable locally and internationally. The buyer or holder of the coin may opt to place it in the custody of bankers of own choice in which case a safe custody certificate/receipt will also be issued. ![]() (iv) Ownership – Upon purchase, the buyer shall take physical possession of the coin and be issued with a Bearer Ownership Certificate. (iii) Identification - Each coin will have a serial number. ![]() The gold coin shall be called the Mosi-Oa-Tunya Gold Coin with the following characteristics Pursuant to the resolution of the Monetary Policy Committee of 24 June 2022 to introduce gold coins into the market as a store of value, the Reserve Bank of Zimbabwe (RBZ) (“the Bank”) wishes to advise the public of the salient features and characteristics of the gold coin. ![]()
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