Mozambique: bonds

The economy of Mozambique continues to be dominated by agriculture. Major exports include prawns, cotton, cashew nuts, sugar, citrus, copra and coconuts, and timber. Export partners, in turn, include Spain, South Africa, Portugal, the United States, Japan, Malawi, India, and Zimbabwe. Imports, such as farm equipment and transport equipment, are capital goods that are worth more than agricultural products, hence Mozambique's large trade deficit. The country also imports food, clothing, and petroleum products. Import partners include South Africa, Zimbabwe, Saudi Arabia, Portugal, the United States, Japan, and India. In the past several years, the value of imports outweighed the value of exports by 5 to 1 or more—a factor that obliges Mozambique to depend heavily on foreign aid and loans by foreign commercial banks and the Bretton Woods Institutions (BWIs).

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
USD 1 726 524 000

Sovereign rating

Rating AgencyRatingRating scaleDate
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
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Latest bond issues

issue ISIN coupon volume end of placement maturity date
Mozambique, 10.5% 18jan2023, USD - International bonds XS1391003446 10.5% 726 524 000  USD 03/09/2016 01/18/2023

Currencies

Daily indices

Type: 03/28/2017 03/27/2017 03/24/2017 03/23/2017 03/22/2017 03/21/2017 03/20/2017
Exchange Rates (Emerging Markets)
USD/MZN 68.4955 67.9234 68.4963 68.5000 69.4996 68.1134 68.5814
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Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Mozambique, 10.5% 18jan2023, USD   USD 01/18/2023 05/18/2016 **.** **.** 05/18/2016 **.** **.**
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