Bond Angolia 5.9% ( AOUGDEIG18A5 ) in USD

Issuer Angolia
Market price 100 %  ⇌ 
Country  Angola
ISIN code  AOUGDEIG18A5 ( in USD )
Interest rate 5.9% per year ( payment 2 times a year)
Maturity 16/08/2023 - Bond has expired



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Minimal amount 10 000 USD
Total amount 199 670 000 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.

This financial analysis focuses on a recently matured sovereign bond issued by Angola, identified by the ISIN code AOUGDEIG18A5. Angola, a prominent oil-producing nation in sub-Saharan Africa, frequently engages with international capital markets to manage its public finances and fund various development initiatives. As an issuer, the Republic of Angola's economic stability is closely tied to global commodity prices, particularly crude oil, which significantly impacts its revenue streams and capacity to service its external debt obligations. The bond in question was denominated in United States Dollars (USD), a common practice for sovereign debt targeting a global investor base, and featured an attractive fixed interest rate of 5.9%. The total principal amount of this specific issuance was USD 199,670,000, with a minimum purchase size set at USD 10,000, indicative of its target audience, likely institutional investors or high-net-worth individuals. Interest payments were structured with a frequency of two per year, typically implying semi-annual disbursements to bondholders. The bond's market price was noted at 100% of its face value, reflecting its trading status, particularly as it approached its redemption date. Crucially, this Angolan sovereign bond reached its designated maturity date on August 16, 2023. At this point, the obligation was fully honored and repaid by the issuer, ensuring that all bondholders received their principal back along with any final accrued interest. The successful repayment of this bond underscores Angola's commitment to fulfilling its financial commitments in the international debt markets.