Regulatory Alerts2011-10-31
Banco Nacional de Angola Notice No. 10/2011 of October 25
The Central Bank of Angola issued Notice No. 10/2011 to formally establish its Base Interest Rate (BNA Rate) as the primary tool for signaling monetary policy objectives and setting interbank interest rate benchmarks. The Monetary Policy Committee will determine this rate monthly, with publication occurring via the Bank's website or other public channels. Any interpretive questions regarding this Notice fall under the jurisdiction of the Bank's Asset Markets Department, and the regulation takes immediate effect upon publication.
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