Mozambique Treasury bills · auction of 6 January 2016
Mozambique T-bill auction, 6 January 2016: 364-day at 8.93%
At the Treasury bill auction dated 6 January 2016, the Banco de Moçambique cleared the 182-day bill at 8.88% and the 364-day bill at 8.93%. The rate shown is the weighted average subscription rate.
The auction was undersubscribed: bids totalled MZN 1.2bn against MZN 2.0bn on offer, 59% of the amount sought, and MZN 1.2bn was accepted.
What this means for MZN 100,000
Worked from the published rate · information, not advice
MZN 8,929 in 12 months on the 364-day bill
Put MZN 100,000 into the 364-day bill at this auction and you get back MZN 108,929 after 12 months: MZN 8,929 in interest before any withholding tax, about MZN 744 a month.
For shorter money: MZN 4,441 on the 182-day bill (6 months).
The government pays the full amount at maturity; the risk is Mozambique’s government not paying, and the money is locked until then.
Results
By tenor
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 182-day | 8.882% | — | MZN 1.10bn | MZN 825m | MZN 825m |
| 364-day | 8.929% | — | MZN 900m | MZN 360m | MZN 350m |
Source: Banco de Moçambique result · weighted average subscription rate
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Afronomics (2026). Mozambique Treasury bill auction, 6 January 2016, compiled from the Banco de Moçambique. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/mozambique/2016-01-06
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