Mozambique

TCX offers both floating as well as fixed rate products for the Mozambique Metical. Approved floating rate benchmarks include the 3-month, 6-month, and 12-month T-bills. Fixed rate up to 5 years is offered on the basis of the Fund's FPAS based pricing program.

ISO: 
MZN
Currency: 
Mozambique Metical
DAC 2006 Income Category: 
Least Developed Country
Region: 
Sub Sahara Africa
Product capability: 
Non-deliverable products available
DAC 2006 Risk Category: 
Medium
Financial data
Benchmark: 
6 months T-bills (suspended)
Max Fixed Rate Tenor: 
5.00 yrs fixed
Source of data: 
Central Bank of Mozambique
Tenor availability: 
Available
Day count convention (benchmark): 
act/365
Day count convention (benchmark) source: 
Standard Bank Africa booklet
Day count convention (bonds): 
act/365