Bond Angolia 12% ( AOUGDOIU18A5 ) in AOA

Issuer	Angolia
Market price	100 % ⇌
Country	Angola
ISIN code	AOUGDOIU18A5 ( in AOA )
Interest rate	12% per year ( payment 1 time a year)
Maturity	12/06/2023 - Bond has expired
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Minimal amount	100 000 AOA
Total amount	402 600 000 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. A financial overview of a recently matured sovereign bond, identified by ISIN AOUGDOIU18A5, issued by the Republic of Angola, illustrates the lifecycle and successful redemption of an instrument from an emerging market. Angola, the issuing sovereign nation located in Southern Africa, possesses an economy heavily reliant on oil production, a factor significantly impacting its fiscal health and its standing as a global debt issuer; recent efforts have focused on economic diversification to enhance stability. This specific bond, denominated in the Angolan Kwanza (AOA), represented a total issuance size of AOA 402,600,000 and was structured with a minimum purchase size of AOA 100,000. It carried an attractive annual interest rate of 12%, with coupon payments made once per year. The bond reached its scheduled maturity date on June 12, 2023, and was subsequently redeemed at 100% of its market price, confirming the issuer's fulfillment of its financial obligations to bondholders.