Money Market
Interest Rates
Date: 03rd September 2024
| Description | Interest Rates (%) |
|---|---|
| Standing Deposit Facility | 10,50 |
| Standing Lending Facility | 16,50 |
| MIMO rate | 13,50 |
| Prime rate | 20,50 |
| Effective MIMO | 13,50 |
(*) The Agreement for the Uniformisation of the Calculation Basis (Indexante) of the Interest Rate in the Banking System, signed on 17 May 2017 revoked the Adhesion Agreement on the use of MAIBOR as the Leading Rate of the Interbank Monetary Market therefore leading to the discontinuity of the publication of this rate.
Standing Facilities
| Description |
Standing Lending Facility |
Standing Deposit Facility |
| Amount (MZN million) | - |
3.443,30 |
| Settlement Date | - | 02/10/2024 |
| Maturity (days) | O/N | O/N |
| Interest Rate (%) | 16,50 | 10,50 |
Interbank Transactions
Unsecured Transactions Between Banks
| Maturity (days) |
Amount (MZN million) |
Weighted Average Interest Rate (%) |
Latest Transaction |
| Overnight(1) | 1.165,00 | 14,25 | 02/10/2024 |
| 2 – 7 | 600,00 | 17,25 | 12/10/2022 |
| 8 – 5 | 100,00 | 15,06 | 19/10/2018 |
| 16 – 30 | 100,00 | 22,85 | 23/03/2017 |
| >30 | 200,00 | 14,35 | 15/01/2019 |
Repo Transactions Between Banks
| Maturity (days) | Amount (MZN million) | Weighted Average Interest Rate (%) | Latest Transaction |
| Overnight(1) | 700,00 | 14,25 | 16/09/2024 |
| 2 – 7 | 1.644,00 | 17,30 | 10/10/2023 |
| 8 – 5 | 50,00 | 13,25 | 15/09/2021 |
| 16 – 30 | 50,00 | 13,25 | 01/10/2021 |
| >30 | 680,00 | 13,00 | 16/01/2020 |
(1) Transactions that start on a given date and mature on the following working day.
Banco de Moçambique Interventions
Treasury Bills
Latest Auction: 02/10/2024
| Supply | Demand | Allotted Amount | Weighted Average Interest Rate (TMP) | |
| 91 days | 1.200,00 | 1.108,00 | 1.108,00 | 14,22% |
| 182 days | 900,00 | 630,00 | 630,00 | 14,45% |
| 364 days | 1.900,00 | 1.866,00 | 1.866,00 | 14,45% |
(Amounts in MZN million)
TMP - Weighted Average Rate
REVERSE REPO
Latest Auction: 26/09/2024
| Supply | Demand | Allotted Amount | Weighted Average Interest Rate(TMP) | |
| 7-day RR (1) | 62.500,00 | 62.490,00 | 62.490,00 | 13,50% |
| 1 - Month RR | 800,00 | 800,00 | 800,00 | 14,50% |
(1) Reverse Repo (RR) auctions take place every week.
REPO
Latest Auction: 25/07/2023
| Supply | Demand | Allotted Amount | Weighted Average Interest Rate (TMP) | |
| 1-day RR | 15.600,00 | 14.420,00 | 14.420,00 | 17,25% |
O/N Operation
Latest Auction: 24/09/2024
| Supply | Demand | Allotted Amount | Weighted Average Interest Rate(TMP) | |
| 1-day RR | 105.100,00 | 105.039,00 | 105.039,00 | 14,25% |
Money Market Instrument Stocks
Date of last change of stock: 26/09/2024
|
7-day RR |
28-day RR |
91-day T-Bills |
182-day T-Bills |
364-day T-Bills |
T-Bills with companies |
T-Bills with Non-Monetary Financial Institutions |
T-Bills with private individuals |
| 62.490,00 | 800,00 | 20.434,00 | 20.341,00 | 105.773,00 | 5.178,42 | 6.902,82 | 2.430,49 |
Secondary Market Treasury Bill Transactions
Monthly Average Money Market Interest Rates
| Instruments | Maturity | June - 2024 |
July - 2024 |
Aug - 2024 |
| Treasury Bills (T-Bills) | 91 days | 16.25% | 15.93% | 15.19% |
| 182 days | 16.48% | 16.22% | 15.29% | |
| 364 days | 17.00% | 16.42% | 15.10% | |
| Reverse Repo | 7 days | 15,00% | 15,00% | 14,25% |
| 28/35 days | 15,15% | 15,00% | 14,50% | |
| 63 days | (b) | (b) | (b) | |
| Unsecured Transactions Between Banks | Overnight | 15,00% | 15,00% | 14,25% |
| Repo Between Banks | Overnight | 15,00% | 15,00% | 14,25% |
(b) There were no transactions concerning these maturities