BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• In November, the headline inflation rate stood at 16.6%, close to the lows recorded in October 2023;

• The current account recorded a surplus of USD 376.5 million in Q3, although this represents a very sharp year-on-year drop of 82.2% (down USD 1.7bn compared to the same period of the previous year);

• Angola issued Samurai Bonds for the first time. The operation was conducted by the Ministry of Finance through the Public Debt Management Unit and enabled the mobilization of JPY 40bn, equivalent to USD 258 million, structured in two tranches with a 5-year maturity and an interest rate of 2.6%.

Best regards,
BFA

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