Bolsa de Valores de Mocambique
ARCO 100.00
CDM 45,31
CETA 120,00
CMH 3.700,00
EMOSE 7.00
HCB 3,00
REVIMO 12,750.00
TOUCH 100.00
ZERO 20,00
BAYPORT 2016 I 22,50%
BAYPORT 2016 II 25.5000%
BAYPORT 2018 Série I 18.3700%
BAYPORT 2018 Série II 22.0000%
BAYPORT 2019 Série I 20.0000%
BAYPORT 2019 Série II 19.0000%
BAYPORT 2020 Série I 16.0000%
BAYPORT 2020 Série II 14.0100%
BNI 2016 S1 11.0000%
BNI 2019 S1 13.0000%
CM 2017 16.000%
CM 2018 17.0000%
OPPOR 2018 S2 21.5000%
OT 2005 S2 8.0000%
OT 2017 S2 9,5625%
OT 2017 S4 12.9375%
OT 2017 S5 12.0625%
OT 2017 S6 14.9375%
OT 2017 S7 14.9375%
OT 2018 S1 9,5625%
OT 2018 S2 9.50%
OT 2018 S3 12.2500%
OT 2018 S4 12.0625%
OT 2018 S5 12.0000%
OT 2018 S6 11,0625%
OT 2018 S7 9,5625%
OT 2018 S8 9,5625%
OT 2018 S9 9,50%
OT 2018 S10 12.4375%
OT 2018 S11 12.2500%
OT 2018 S12 12.0625%
OT 2019 S2 12.0000%
OT 2019 S3 10.9375%
OT 2019 S4 9,5625%
OT 2019 S5 9,50%
OT 2019 S6 12.2500%
OT 2019 S7 12,9375%
OT 2019 S8 10,0000%
OT 2019 S9 12.0000%
OT 2020 S1 12.0000%
OT 2020 S2 12.0000%
OT 2020 S3 12.000%
OT 2020 S4 12.0000%
OT 2020 S5 12.0000%
OT 2020 S6 10.0000%
OT 2020 S7 12.0000%
OT 2020 S8 12.0000%
OT 2020 S9 10.0000%
OT Fornecedores 2019 1.8750%
SMM 2020 20.0000%
SMM 2020 ALC80 20.0000%
STB 2015 SUB 3S 18.7500%
OT 2020 S10 10.0000%

The Clearing and Settlement system comprises two processes:

a) Clearing – the process of calculation and transfer of the amounts to be paid by the buying and selling sides of securities traded. This calculation includes the value of fees to be paid, including commission of the Central Securities Depository and of the Mozambique Stock Exchange, stamp duty (for values non-listed securities) and any other costs that the transaction may be subject.

Although the management of this process is done by the Central Securities Depository, this settlement itself happens in the settlement chamber of the payment system of the Bank of Mozambique who later informs the Central Securities;

b) Settlement - is the transfer of securities made from the seller to the buyer after the Central bank confirms that the clearing has occurred with success.

The set up process takes place with intervention of brokers involved in the trade and the Central Securities Depository as follows:
 Trade Day (T):

1st. 8h-12h – the trade occurs in the trading system of the Stock Exchange;
2nd. 12h-13h – trade is loaded in the Central Securities Depository system;
3rd. 13h-14h – a split of the trade occurs according to the individual quantities bought or sold by each investor;
4th. 14h-15 – period in which it is specified the investors involved in the trade.

Note: Although the Client specification is made between 14h and 15h, this data (investor – buyer or seller) can be changed by the brokers, if they need to, until 10am the second business day after the deal occurs (T+2).

Second and third business day after the deal (T+2 and T+3):

Before 15:30pm of T+2, settlement schedule reports are sent to the payment system of the Central Bank and to the brokers which intervened in the trade, which in turn proceeds with the clearing on the following business day (T+3) and confirms the Central Securities Depository until 10:30h of that same day (T+3).

The settlement is made by the Central Securities Depository to 12pm.
The above procedure is related to settlement of securities listed in the exchange. For securities traded on the OTC market (not listed securities), the financial settlement takes place on the next business day after the trade.


Listed Securities:

OTC securities: