Details
On 21 February, Treasury Bonds Specialized Operators (OEOT) received a direct subscription of a maximum amount of 5,000,000,000.00 MT, at an interest rate of 27.0%, with a unitary nominal value of 100 Meticais, representing Treasury Bonds 2017 - 1st Series.
2017 Treasury Bonds- 1st Series are represented by book-entry securities, so there is no place for the physical issuing of securities, and their issue and ownership are evidenced through record in the registration accounts of issue and ownership.
The bonds were listed on the Mozambique Stock Exchange on February 22, 2017.
Results
On February 12, 2017, a Special Stock Exchange Session was held to determine the results of the subscription of the Treasury Bonds 2017 - 1st Series.
According to the proposals presented by the Treasury Bonds Specialized Operators, the overall demand for the Issue was 4,305,000,000.00 MT, with the demand and supply ratio being 86.1%, and the respective interest rates were between 27.00% and 31.50%. According to the cut-off rate of the State, the issue amount was 3,225.00 million MT.
Amount required |
Amount Issued |
Number of Treasury Bonds Issued |
Issue Interest Rate |
Maximum Interest Rate Submitted |
Minimum Interest Rate Submitted |
5.000.000.000 |
3.255.000.000 |
32.550.000 |
27.00% |
31,50% |
27,50% |