On November 27, 2018, there was a direct subscription by Specialized Dealers in Treasury Bonds (OEOT
), in the amount of MZN 2,500,000,000.00 ,
with a 16.00% interest rate with a nominal unit value of MZN 100.00, representative of the Treasury Bonds 2018 - 12th Series. This issue provided for a caveat, in which the National Treasury Department reserved the right to increase the limit of the Issue Amount if demand exceeded 2,500,000,000 MZN.
Treasury Bonds 2018 - 12th 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 a record in the registration accounts of issue and ownership.
The bonds were listed on the Mozambique Stock Exchange on November 28, 2018.