Bond Angolia 12% ( AOUGDOFI18B4 ) in AOA
Issuer | Angolia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 12% per year ( payment 1 time a year) |
Maturity | 10/05/2020 - Bond has expired |
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Minimal amount | 100 000 AOA |
Total amount | 25 720 000 000 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 significant sub-Saharan African sovereign whose economic profile is heavily influenced by its substantial oil production, has successfully fulfilled its obligations concerning the bond identified by ISIN AOUGDOFI18B4. This particular debt instrument, issued by the Angolan government and denominated in the local currency, Angolan Kwanza (AOA), carried a fixed annual interest rate of 12%. The total issuance size for this bond was AOA 25,720,000,000, with a minimum purchase amount set at AOA 100,000. Upon reaching its maturity date of May 10, 2020, the bond was fully redeemed at its par value of 100% of the principal, confirming its repayment to investors. This timely settlement of the bond underscores Angola's commitment to honoring its financial liabilities, a key consideration for international investors evaluating the sovereign's creditworthiness and the stability of its financial market. |