Money Market

Interest Rates

Date: 24th, July 2025

Description Interest Rates (%)
Standing Deposit Facility 8,00
Standing Lending Facility 14,00
MIMO rate 11,00
Prime rate 17,40
Last Effective MIMO 11,00

(*) 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) -

10.119,01

Settlement Date - 24/07/2025
Maturity (days) O/N O/N
Interest Rate (%) 14,00 8,00

Interbank Transactions

Unsecured Transactions Between Banks

Maturity (days)

Amount (MZN million)

Weighted Average Interest Rate (%)

Latest Transaction
Overnight(1) 1.300,00 11,00 03/06/2025
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) 1.000,00 11,75 29/05/2025
2 – 7 500,00 11,00 18/06/2025
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: 23/07/2025 

  Supply Demand Allotted Amount Weighted Average Interest Rate (TMP)
91 days 4.200,00 3.983,00 3.983,00 12,50%
182 days 800,00

860,00

800,00 12,84%
364 days 500,00 434,00 434,00 13,00%

(Amounts in MZN million)

TMP - Weighted Average Rate

REVERSE REPO

  Supply Demand Allotted Amount Weighted Average Interest Rate(TMP) Latest Auction
7-day RR (1) 129.900,00 128.525,00 128.525,00 11,00% 23/07/2025
1 - Month RR 33.000,00 34.000,00 6.000,00 11,25% 26/06/2025 

(1) Reverse Repo (RR) auctions take place every week.

 

O/N Operation

  Supply Demand Allotted Amount Weighted Average Interest Rate(TMP) Latest Auction
1-day Repo 100,00 0,00 0,00 N/A 26/11/2024 
1-Day RR 202.100,00 200.758,00 200.758,00 11,00% 24/06/2025 

 

Money Market Instrument Stocks

Date of last change of stock: 24/07/2025

7-day RR 

35-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 

129.825,00 6.000,00 35.961,00 48.726,00 104.994,00 6.008,09 11.247,51 3.847,79

 

Secondary Market Treasury Bill Transactions

Monthly Average Money Market Interest Rates

 

Instruments Maturity 

Mar - 2025

Apr - 2025

May - 2025

Treasury Bills (T-Bills) 91 days 13,23% 13,00% 13,02%
  182 days 13,23% 13,10% 13,26%
  364 days 13,38% 13,19% 13,16%
         
Reverse Repo 7 days 12,25% 11,75% 11,75%
  28/35 days 12,49% 12,00% 11,93%
  63 days (b) (b) (b)
         
Unsecured Transactions Between Banks Overnight 12,25% 11,75% 11,75%
Repo Between Banks Overnight (b) (b) (b)

 

(b) There were no transactions concerning these maturities