Bond Angolia 0% ( AOUGDBED20I6 ) in AOA
Issuer | Angolia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 21/12/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 AOA |
Total amount | 3 631 083 000 AOA |
Detailed description |
Angola is a southwestern African country with a rich history marked by Portuguese colonization, a protracted civil war, and significant oil reserves driving its economy. An Angolan government bond, identified by ISIN AOUGDBED20I6, has successfully reached its scheduled maturity and been redeemed, providing a clear demonstration of the nation's engagement in the sovereign debt market. Angola, a resource-rich nation predominantly reliant on its oil sector, actively participates in global financial markets as a sovereign issuer. Its debt instruments, such as this particular bond, play a crucial role in the country's fiscal management and capital-raising efforts, primarily within its domestic market. This specific fixed-income instrument, issued in Angolan Kwanza (AOA), featured a distinctive characteristic: a zero-percent interest rate, classifying it as a zero-coupon bond. This structure typically implies that investors acquire the instrument at a discount to its face value, with the return realized upon its redemption at par. The total issuance size for this particular bond amounted to 3,631,083,000 AOA, with a minimum purchase increment set at 1,000 AOA, designed to facilitate participation from various investor tiers. The bond matured precisely on December 21, 2021, and was reported to be trading at 100% of its face value just prior to its redemption, signifying full repayment to its bondholders. Although the payment frequency was indicated as '1', this primarily refers to the singular principal repayment event occurring at maturity, which is consistent with the nature of a zero-coupon bond where periodic interest distributions are absent. The successful and timely redemption of this bond reinforces the Angolan government's commitment to honoring its financial obligations, marking the complete lifecycle of this particular fixed-income instrument within the Angolan financial landscape. |