Details
On 10 May, Treasury Bonds Specialized Operators (OEOT) received a direct subscription of a maximum amount of 2,000,000,000.00 MT, at an interest rate of 21.5%, with a unitary nominal value of 100 Meticais, representing Treasury Bonds 2016 - 2nd Series.
2016 Treasury Bonds- 2nd 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 May 11, 2016.
Results
On May 10, 2016 at 3PM, a Special Stock Exchange Session was held to determine the results of the subscription of the Treasury Bonds 2016 - 2nd Series.
According to the proposals presented by the Treasury Bonds Specialized Operators, the overall demand for the Issue was 925,000,000.00 MT, with the demand and supply ratio being 46.25%, and the respective interest rates were between 13.75% and 20.50%.
According to the cut-off rate of the State, the issue amount was 725.00 million MT.
Amount required |
Amount Issued |
Number of Treasury Bonds Issued |
Issue Interest Rate |
Maximum Interest Rate Submitted |
Minimum Interest Rate Submitted |
2.000.000.000 |
725.000.000 |
7.710.530 |
12.750% |
20,500% |
13,750% |