Africa-Press – Angola. The Finance Ministry announced on Tuesday the issuance of public debt securities worth up to 300 million U.S. dollars to finance the 2025 General State Budget (OGE).
As part of the Treasury Bond sale in foreign currency (OT-ME), the initiative aims to raise funds to finance the 2025 OGE and achieve the economic and social objectives it sets forth.
The ministry explains that the operation also aims to prioritize attracting domestic investment, diversifying the sources of financing for the OGE, and financial instruments for channeling the savings of economic agents.
Open to all investors from October 6 to 29, the fundraising is being carried out in the “bookbuilding” format with original maturities of five and eight years, maturing on August 13, 2030, and August 13, 2033, respectively.
Regarding the profitability of the offered instrument, the auction will be conducted based on quantity, so the bonds will be issued at interest rates of 5.00% and 7.00%, respectively.
According to the Finance Ministry, interested parties should contact any financial institution authorized to operate in the local securities market for subscription purposes, including banks, securities distributors, and brokerage firms.
Transactions registered in the order books will be settled in two financial cycles: the first on October 17 and the second on October 31, with physical settlement occurring the next business day.
According to the Ministry, this issuance represents the government’s commitment to achieving the economic and social objectives outlined in the 2025 State Budget, as well as reaffirming the state’s dedication to exploring domestic financing alternatives and fostering the capital markets.
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