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Debt IMFMozambiqueDeveloping story

IMF staff concluded Maputo visit, held constructive talks on reforms for a Fund-supported programme

On Sep 9–18, 2026 IMF staff led by Pablo Lopez-Murphy visited Maputo, held constructive discussions with Mozambican authorities on reforms that could underpin a Fund-supported programme, and said staff will prepare a report for management and further consideration by the IMF Executive Board.

On Sep 9–18, 2026 IMF staff led by Pablo Lopez-Murphy visited Maputo, held constructive discussions with Mozambican authorities on reforms that could underpin a Fund-supported programme, and said staff will prepare a report for management and further consideration by the IMF Executive Board.

If talks progress to a Fund-supported programme, Mozambique’s sovereign and quasi‑sovereign external refinancing premia could narrow, particularly in the mid‑tenor (‘belly’), and improve external funding prospects for gas-linked projects. Conversely, stalled talks would keep rollover risk priced and limit access to lower‑cost external finance. Actual market responses depend on programme terms and timing, not the mission visit alone.

Publication of the IMF staff report to management and any subsequent Executive Board consideration of a programme.

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Price Discovery

Mozambique sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

1 priced bond
11.50%11.46%11.41%11.37%11.32%2031Moz 31 · Sept 2031 · 11.415%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Moz 31Sept 203191.12511.415%

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