The Mozambican government has announced plans to issue 24 Treasury Bonds over the course of 2024, totaling 45.7 billion meticais. The main purpose of this issue is to finance public expenditure, including salary payments and investments in income projects.
This amount represents a significant increase compared to 2023, when 36.6 billion meticais were issued in Treasury Bonds. The issues will be carried out through auctions on the Mozambique Stock Exchange (BVM), with values ranging from 227 million to 6.6 billion meticais.
In January 2024, the government already issued 5.8 billion meticais in Treasury Bonds and plans to issue another 1.1 billion meticais in February. The detailed issuance schedule is available in ministerial diploma no. 151/2023 of December 29, approved by the Ministry of Economy and Finance.
Treasury Bonds are medium/long-term debt instruments through which the state obtains financing from institutional investors in the capital market, paying an interest rate and returning the amount invested at the end of the loan period.
The initiative aims to guarantee the necessary funding for government activities, especially in a context of economic and financial challenges. The Mozambique Stock Exchange will play a key role in carrying out these issues, providing a transparent and efficient environment for trading these securities.
