ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Fri, 15 May 2020 14:03 - Updated Fri, 15 May 2020 13:58

BNA spends Akz 6.88 billion to purchase securities on stock exchange

Luanda - Angola's National Reserve Bank (BNA) spent until Wednesday 6.88 billion kwanzas on twenty-five Treasury Bonds (OT) on the trading platform of the Stock Debt Exchange of Angola (Bodiva).

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

The securities purchase of 16 companies was carried out under the Instruction 06/2020, of 6 April, made available for Small and Medium Enterprises (SMEs) to buy the securities.

According to a note reached Angop, the value approved is of 100 billion kwanzas, of which 6.88 billion kwanzas has been disbursed and remaining 93.1 billion kwanzas.

The process was carried out with the commercial banks, covering a total of eight participants, including BAI with an offer of 1.1 billion kwanzas, followed by Banco Atlantico with 850.4 million Kwanzas.

The list includes BFA with an amount of 622.7 million kwanzas, BIC  557.3 million kwanzas, among others.

This instruction follows the declaration of the State of Emergency through  Presidential Decree No. 82/20, of 26 March, stating that measures allow the small and medium-sized companies to transform certain Treasury Bonds in their balance sheets into immediate liquidity to ensure treasury management during this period of less activity.

Read also
  • 11/03/2020 12:17:29

    Lack of textile production makes Angola big consumer of used clothes

    Luanda - Angola has become one of the biggest consumers of used clothes from Europe and America due to lack of textile production in the country, said last Tuesday in Viana Municipality, Luanda, the director-general of the Industrial Development Institute.

  • 04/02/2020 11:54:15

    Head of state unveils fisheries polytechnic institute

    Luanda - Angolan President João Lourenço inaugurated Tuesday the Polytechnic Fisheries Institute (Cefopescas) located in Ramiros, in Belas municipality, Luanda.

  • 18/12/2019 18:24:44

    Chinese company plans to boost electronics industry with Angola

    Luanda - Chinese company Dongfang Huaqiang - Commerce and Service announced today (Wednesday) in Viana district, Luanda, its intention to be the link between the Asian country and Angola, to boost and develop the electronics and home appliances industry.