Bond Angolia 16.5% ( AOUGDOHU20G0 ) in AOA

Issuer	Angolia
Market price	100 % ⇌
Country	Angola
ISIN code	AOUGDOHU20G0 ( in AOA )
Interest rate	16.5% per year ( payment 1 time a year)
Maturity	18/06/2024 - Bond has expired
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Minimal amount	100 000 AOA
Total amount	37 467 400 000 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 sovereign bond, identified by ISIN AOUGDOHU20G0, successfully reached its maturity on June 18, 2024, and has been fully repaid. The Republic of Angola, a significant player in the African emerging markets primarily known for its oil production, acted as the issuer for this debt instrument. This particular fixed-income security, denominated in Angolan Kwanza (AOA), carried a substantial annual interest rate of 16.5%, with coupon payments made once per year. The total issuance size for this bond was AOA 37,467,400,000, with a minimum purchase amount set at AOA 100,000. Upon its maturity, the bond was redeemed at 100% of its face value, reflecting a par repayment to investors. The successful fulfillment of this obligation underscores Angola's commitment to honoring its debt commitments, potentially bolstering investor confidence in the nation's sovereign debt instruments.