Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Angola returned to the bond markets, issuing USD 1.75Bn in Eurobonds, within 10 years, at a rate of 8.75%;
In the domestic market, the Treasury auctioned non-indexed local currency debt at the 10-year maturity for the first time, albeit in a still insignificant amount, of AOA 504 million;
According to data from the BNA, the Current Account recorded a surplus of 12.4% of GDP, compared to the 1.6% recorded in the previous year – in Dollars, this amounts to a USD 8.4Bn surplus, the highest since the USD 13.8Bn reached in 2013;
The BNA issued a regulation to promote housing credit.

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BFA

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