Mozambique Treasury bills · auction of 10 February 2016
Mozambique T-bill auction, 10 February 2016: 91-day at 9.00%, up 48 bps
At the Treasury bill auction dated 10 February 2016, the Banco de Moçambique cleared the 91-day bill at 9.00% (up 48 basis points) and the 182-day bill at 9.52% (up 9 basis points). The rate shown is the weighted average subscription rate.
The auction was fully subscribed: bids totalled MZN 3.2bn against MZN 3.2bn on offer, 101% of the amount sought, and MZN 2.5bn was accepted.
What this means for MZN 100,000
Worked from the published rate · information, not advice
MZN 4,759 in 6 months on the 182-day bill
Put MZN 100,000 into the 182-day bill at this auction and you get back MZN 104,759 after 6 months: MZN 4,759 in interest before any withholding tax, about MZN 793 a month.
That is MZN 46 more than the same money would have earned at the previous auction.
For shorter money: MZN 2,251 on the 91-day bill (3 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 |
|---|---|---|---|---|---|
| 91-day | 9.005% | 8.529% | MZN 2.00bn | MZN 2.71bn | MZN 2.00bn |
| 182-day | 9.518% | 9.425% | MZN 1.20bn | MZN 525m | MZN 525m |
Source: Banco de Moçambique result · weighted average subscription rate
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Afronomics (2026). Mozambique Treasury bill auction, 10 February 2016, compiled from the Banco de Moçambique. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/mozambique/2016-02-10
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