Bond Angolia 12% ( AOUGDOFO18A4 ) in AOA
| Issuer | Angolia |
| Market price | 100 % ⇌ |
| Country | Angola
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| ISIN code |
AOUGDOFO18A4 ( in AOA )
|
| Interest rate | 12% per year ( payment 1 time a year) |
| Maturity | 03/10/2020 - Bond has expired |
|
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| Minimal amount | 100 000 AOA |
| Total amount | 3 171 500 000 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. The AOUGDOFO18A4 bond, a sovereign obligation issued by Angola, a significant African oil-producing nation, which carried a 12% annual interest rate and was denominated in Angolan Kwanza (AOA), with an initial total issue size of 3,171,500,000 AOA and a minimum purchase size of 100,000 AOA, has successfully matured and been repaid at its 100% market price on October 3, 2020, concluding its single annual payment cycle. |
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