Bolsa de Valores de Mocambique
HCB 6,15
CDM 200.00
CMH 2,148,43
CETA 120,00
EMOSE 20,00
ZERO 20,00
TOUCH 100.00
ARCO 100.00
OT 2005 S2 8.00%
Moza Banco 2013 Sub 22.50%
Visabeira 2015 20.25%
OT 2015 S4 10.125%
OT 2015 S5 10.50%
OT 2015 S6 10.50%
STB 2015 Sub S1 20.75%
STB 2015 Sub S2 20.25%
STB 2015 Sub. S3 21.75%
BNI 2016 S1 13.50%
Bayport 2016 S1 26.50%
Bayport 2016 S2 25.50%
OT 2016 S1 11.00%
OT 2016 S2 12.75%
OT 2016 S3 16.125%
OT 2017 S1 15.625%
OT 2017 S2 14.625%
OT 2017 S3 15.00%
OT 2017 S4 15.125%
OT 2017 S5 14.5625%
OT 2017 S6 18.25%
OT 2017 S7 18.25%
CM 2017 18.375%
Millennium BIM 2017 15.75%
Opportunity Bank 2017 S1 19.25%
Bayport 2017 S1 23.00%
OT 2018 S1 13.6878%
OT 2018 S2 14.625%
OT 2018 S3 14.5625%
OT 2018 S4 10.00%
OT 2018 S5 16.00%
OT 2018 S6 16.00%
OT 2018 S7 13.75%
OT 2018 S8 13.75%
OT 2018 S9 16.00%
OT 2018 S10 16.00%
OT 2018 S11 16.00%
OT 2018 S12 16.00%
OT 2019 S2 14.00%
OT 2019 S3 14.00%
Opportunity Bank 2018 S1 19.25%
Opportunity Bank 2018 S2 21.50%

The Clearing and Settlement system comprises two processes:

a) Clearing – the process of calculation and transfer of the amounts to be paid by the buying and selling sides of securities traded. This calculation includes the value of fees to be paid, including commission of the Central Securities Depository and of the Mozambique Stock Exchange, stamp duty (for values non-listed securities) and any other costs that the transaction may be subject.

Although the management of this process is done by the Central Securities Depository, this settlement itself happens in the settlement chamber of the payment system of the Bank of Mozambique who later informs the Central Securities;

b) Settlement - is the transfer of securities made from the seller to the buyer after the Central bank confirms that the clearing has occurred with success.

The set up process takes place with intervention of brokers involved in the trade and the Central Securities Depository as follows:
 Trade Day (T):

1st. 8h-12h – the trade occurs in the trading system of the Stock Exchange;
2nd. 12h-13h – trade is loaded in the Central Securities Depository system;
3rd. 13h-14h – a split of the trade occurs according to the individual quantities bought or sold by each investor;
4th. 14h-15 – period in which it is specified the investors involved in the trade.

Note: Although the Client specification is made between 14h and 15h, this data (investor – buyer or seller) can be changed by the brokers, if they need to, until 10am the second business day after the deal occurs (T+2).

Second and third business day after the deal (T+2 and T+3):

Before 15:30pm of T+2, settlement schedule reports are sent to the payment system of the Central Bank and to the brokers which intervened in the trade, which in turn proceeds with the clearing on the following business day (T+3) and confirms the Central Securities Depository until 10:30h of that same day (T+3).

The settlement is made by the Central Securities Depository to 12pm.
The above procedure is related to settlement of securities listed in the exchange. For securities traded on the OTC market (not listed securities), the financial settlement takes place on the next business day after the trade.

Ex1:


Ex2:
Listed Securities:



OTC securities: