Details
On 24 October, 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 27.50%, with a face value of 100 Meticais, representing Treasury Bonds 2017 - 4th Series.
2017 Treasury Bonds- 4th 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 will be listed on the Mozambique Stock Exchange on October 25, 2017.
Results
On October 24, 2017, a Special Stock Exchange Session was held to determine the results of the subscription of the Treasury Bonds 2017 - 4th Series.
According to the proposals presented by the Treasury Bonds Specialized Operators, the overall demand for the Issue was 3.959.000.000 MT, with the demand and supply ratio being 79,18%, and the respective interest rates were between 25.00% and 30.5%. According to the cut-off rate of the State, the issue amount was 3.369 million MT.
Amount required |
Amount Issued |
Number of Treasury Bonds Issued |
Cupon Interest Rate |
Maximum Interest Rate Submitted |
Minimum Interest Rate Submitted |
5.000.000.000,00 MT |
3.369.000.000,00 MT |
33.554.688 |
27.5% |
30,5% |
25% |