Under the terms of paragraph b) of paragraph 1 of article 96 of the Securities Market Code, Approved by Decree-Law No. 4/2009 of 24 July, a Special Session of the Stock Exchange was held on the 21st of July 2020, at 3:00 pm, at the premises of the Mozambique Stock Exchange, to clear the result of the 1st Reopening of Treasury Bonds 2020 - 8th Series.
The following proposals were submitted by the Specialized Treasury Bonds Operators, namely:
- Demand was 1,932,000,000.00 MZN, with a demand-to-supply ratio of 276.000% and the respective interest rates were between 11,000% and 15,000%. According to the state's cut rate, the issue amount was MZN 700.00 million