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Mon, 07 Mar 2016 13:27 - Updated Mon, 07 Mar 2016 13:27

Angola: Central Bank auctions EUR 115.3 million

Luanda - The Angolan Central Bank (BNA), from 29 February to 04 March, auctioned 115.3 million euros at sessions organised for bidding entrepreneurs and institutions in sectors like goods production, governmental sectoral programmes, telecommunications and air companies.

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BNA head-office, Luanda Province

Photo: Angop

A press note from the BNA, issued on Monday at the institution’s website, states that for the current management of the National Treasury, the BNA placed in the primary market Bonds amounted at 49 billion kwanzas (AKZ).

The overnight LIBOR rate in the last weekend was 11.30% without variation in relation to last week.   

The issued Treasury bonds have maturity periods of 2 and 5 years, with the exchange rates being 7.00% and 7.75% a year, respectively.

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