Bond Angolia 0% ( AOUGDBEL20C2 ) in AOA

Issuer	Angolia
Market price	100 % ⇌
Country	Angola
ISIN code	AOUGDBEL20C2 ( in AOA )
Interest rate	0%
Maturity	08/07/2021 - Bond has expired
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Minimal amount	1 000 AOA
Total amount	6 130 903 000 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. The Republic of Angola, a prominent oil-producing nation in Southern Africa actively pursuing economic diversification and fiscal reforms, recently oversaw the successful maturity and full redemption of a specific sovereign debt instrument, identified by the ISIN AOUGDBEL20C2. This bond, which originated from Angola as the country of issuance, officially reached its maturity date on July 8, 2021, and was subsequently repaid at its full par value, reflecting a final market price of 100%. Structured with a stated interest rate of 0%, this instrument was likely a zero-coupon bond, with investor returns derived from the discount at which it was initially purchased rather than through periodic coupon payments, thus explaining the 'payment frequency of 1' as a singular principal repayment event at term. The total issuance size for this particular bond amounted to 6,130,903,000 Angolan Kwanzas (AOA), with a minimum purchase increment set at 1,000 AOA, indicating its role in public finance within the local currency market.