[3] The coins were issued to remedy a lack of small change resulting from the absence of a solid seigniorage contract with the U.S., South Africa or any of several other countries whose currencies, including the U.S. dollar and the euro, are being used in the multi-currency system that arose in 2009, when Zimbabwe abandoned the Zimbabwean dollar in response to several cycles of hyperinflation.

The Zimbabwean economy being too frail and small to pay the interest which would come with a seigniorage contract, the country chose instead to implement a multi-currency environment based on the U.S. dollar.

[2][4][5][6] Public reaction to the bond coins has been extremely skeptical, with widespread fear that they are the government's first step to reintroducing an unreliable Zimbabwean dollar.

[5][7] John Mangudya, the Governor of the Reserve Bank of Zimbabwe, had denied that the Zimbabwean dollar was being reintroduced.

[11] In February 2019, the RBZ Governor, announced that the bond coins would be part of the "values" that make up the new currency to be added into the Zimbabwean market, the Real Time Gross Settlement (RTGS) dollar.