Bond Angolia 4.5% ( AOUGDEGU21D8 ) in USD

Issuer	Angolia
Market price	100 % ⇌
Country	Angola
ISIN code	AOUGDEGU21D8 ( in USD )
Interest rate	4.5% per year ( payment 2 times a year)
Maturity	25/06/2024 - Bond has expired
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Minimal amount	10 000 USD
Total amount	24 000 000 USD
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. A recent development in the sovereign debt market involved the maturation and successful redemption of a bond issued by the Republic of Angola. This financial instrument, identified by its ISIN code AOUGDEGU21D8, represented a key component of Angola's external debt portfolio. Angola, a major oil-producing nation located in Southern Africa, frequently accesses international capital markets to support its economic development and fiscal management. The bond, denominated in US Dollars (USD), carried an annual interest rate of 4.5% and was part of a total issuance valued at $24,000,000. It had a minimum purchase size of $10,000, making it accessible to a range of institutional and individual investors. Interest payments were structured with a frequency of two times per year, providing regular returns to bondholders. Notably, the bond maintained a market price of 100% as it approached its maturity date, signaling market confidence in its eventual redemption. With its maturity date on June 25, 2024, the bond has now been fully repaid, concluding its lifecycle and demonstrating Angola's commitment to fulfilling its financial obligations to its creditors.