{"id":45568,"date":"2023-08-26T19:43:44","date_gmt":"2023-08-26T19:43:44","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply"},"modified":"2023-08-26T20:12:42","modified_gmt":"2023-08-26T20:12:42","slug":"treasury-places-481m-meticais-in-bonds-demand-three-times-supply","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply","title":{"rendered":"Treasury places 481M meticais in bonds; demand three times supply"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique Stock Exchange (BVM), with demand three times supply.<\/p>\n<p>The operation for direct subscription by Specialised Treasury Bond Operators (OEOT) of up to 500 million meticais (\u20ac7.2 million), which took place on Tuesday, marked the first reopening of the seventh series of 2023 Treasury Bonds, launched on 8 August and which on that date brought in 475 million meticais (\u20ac6.8 million).<\/p>\n<p>The issue ended up not reaching the maximum amount allowed, but the overall demand for the reopening was 1,531 million meticais (\u20ac22 million), \u201cwith the demand and supply ratio being 306.20 per cent, with a minimum rate of 17.750 per cent and a maximum of 21.500 per cent,\u201d according to the BVM note on the operation.<\/p>\n<p>\u201cAccording to the state\u2019s cut-off rate, the value of the reopening was 481 million meticais [6.9 million euros],\u201d adds the note on the operation, adding that the bonds have a maturity of five years and a fixed interest rate of 17%.<\/p>\n<p>With this operation, Mozambique has already placed 25,401 million meticais (\u20ac366.2 million) in Treasury Bonds through the stock exchange since January, with the legal authority to issue a further 11,247 million meticais (\u20ac162.1 million) by the end of the year.<\/p>\n<p>According to decree 14\/2023, issued by the Ministry of Economy and Finance on 18 January, the issue of treasury bonds (OT) \u2013 public debt issued with longer maturities \u2013 for this year provides for an overall limit of 36,648 million meticais (\u20ac526.4 million), preferably in two monthly issues, up until 5 December.<\/p>\n<p>Data from the BVM compiled by Lusa indicates that 13 issues have already been made \u2013 including reopenings of scheduled issues \u2013 so far in 2023, with maturities of up to 10 years and interest ranging from 17% to 19%, and with almost 70% of the legal limit for OT debt for this year now reached.<\/p>\n<p>The amounts raised in each operation ranged from 475 million meticais (\u20ac6.8 million) on 8 August to the 5,946 million meticais (\u20ac85.3 million) raised in the operation held on 7 March.<\/p>\n<p>Figures previously published by Lusa, based on the budget execution reports for the first quarter, show that Mozambique\u2019s current domestic debt totalled almost 295.733 billion meticais (\u20ac4.2 billion) on 31 March, in the form of Treasury Bonds and Treasury Bills \u2013 that is, debt with shorter maturities.<\/p>\n<p>Mozambique\u2019s government previously approved the so-called Public Debt Management Strategy 2023-2026, which guides debt options over the next few years and aims to \u201cbring limits to debt sustainability indicators in credit contraction\u201d.<\/p>\n<p>In terms of external debt, it currently plans to \u201cprioritise financing in the form of donations\u201d and \u201cin the form of highly concessional loans for profitable projects\u201d \u2013 while in terms of domestic debt, the priority will be to \u201cprioritise the issue of long-maturity treasury bonds.\u201d<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique Stock Exchange (BVM), with demand three times supply. The operation for direct subscription by Specialised Treasury Bond Operators (OEOT) of up to 500 million meticais (\u20ac7.2 million), which took place on Tuesday, marked the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":45567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-45568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Treasury places 481M meticais in bonds; demand three times supply - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury places 481M meticais in bonds; demand three times supply\" \/>\n<meta property=\"og:description\" content=\"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-26T19:43:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-26T20:12:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"775\" \/>\n\t<meta property=\"og:image:height\" content=\"517\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Treasury places 481M meticais in bonds; demand three times supply\",\"datePublished\":\"2023-08-26T19:43:44+00:00\",\"dateModified\":\"2023-08-26T20:12:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\"},\"wordCount\":458,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\",\"name\":\"Treasury places 481M meticais in bonds; demand three times supply - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg\",\"datePublished\":\"2023-08-26T19:43:44+00:00\",\"dateModified\":\"2023-08-26T20:12:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg\",\"width\":775,\"height\":517,\"caption\":\"Treasury places 481M meticais in bonds; demand three times supply\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Treasury places 481M meticais in bonds; demand three times supply\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Treasury places 481M meticais in bonds; demand three times supply - Mozambique","description":"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply","og_locale":"en_US","og_type":"article","og_title":"Treasury places 481M meticais in bonds; demand three times supply","og_description":"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-08-26T19:43:44+00:00","article_modified_time":"2023-08-26T20:12:42+00:00","og_image":[{"width":775,"height":517,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Treasury places 481M meticais in bonds; demand three times supply","datePublished":"2023-08-26T19:43:44+00:00","dateModified":"2023-08-26T20:12:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply"},"wordCount":458,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply","name":"Treasury places 481M meticais in bonds; demand three times supply - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg","datePublished":"2023-08-26T19:43:44+00:00","dateModified":"2023-08-26T20:12:42+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique has placed 481 million meticais (\u20ac6.9 million) in a single issue of Treasury Bonds, through the Mozambique St ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1693064475.738626.jpg","width":775,"height":517,"caption":"Treasury places 481M meticais in bonds; demand three times supply"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/treasury-places-481m-meticais-in-bonds-demand-three-times-supply#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Treasury places 481M meticais in bonds; demand three times supply"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/45568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=45568"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/45568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/45567"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=45568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=45568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=45568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}