Bond Angolia 16.15% ( AOUGDOII17E4 ) in AOA

Issuer	Angolia
Market price	100 % ⇌
Country	Angola
ISIN code	AOUGDOII17E4 ( in AOA )
Interest rate	16.15% per year ( payment 1 time a year)
Maturity	19/05/2022 - Bond has expired
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Minimal amount	100 000 AOA
Total amount	26 540 500 000 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 its ISIN AOUGDOII17E4, has successfully reached its maturity on May 19, 2022, and has subsequently been repaid in full. This fixed-income security, issued by the Republic of Angola and denominated in the local currency, the Angolan Kwanza (AOA), carried a significant annual interest rate of 16.15%. The total size of this particular bond issuance amounted to 26,540,500,000 AOA, with a stipulated minimum purchase size of 100,000 AOA. As the issuer, Angola, a major sub-Saharan African nation, heavily relies on its oil sector for economic growth and government revenue, making its financial landscape susceptible to global commodity price volatility. The relatively high yield offered by this bond, alongside its payment frequency of 1, reflects the prevailing domestic market conditions, inflationary pressures, and the perceived sovereign risk associated with the Angolan economy at the time of its issuance. Despite these inherent factors often considered by international investors, the bond's confirmed repayment at 100% of its market price underscores the Angolan government's demonstrable commitment to honoring its debt obligations. This successful and timely redemption reinforces confidence in the nation's capacity to manage its sovereign debt profile and fulfill its financial commitments to bondholders, thereby closing the lifecycle of this specific debt instrument with a positive outcome.