Regulatory Alerts2025-03-25
Directive No. 04/2025, March 21
The Governor of the Central Bank, acting through the Markets Department, has issued Directive No. 04/2025 to adjust key interest rates following the Monetary Policy Committee's March 17–18, 2025 session. The directive fixes the BNA Base Interest Rate at 19.5%, the Permanent Lending Facility rate at 20.5%, and the Permanent Liquidity Absorption Facility rate at 17.5%. All provisions enter into force immediately, with the Markets Department retaining authority to clarify any interpretive ambiguities.
GOVERNOR DIRECTIVE NO. 04/2025 ORIGIN: MARKETS DEPARTMENT (DME) DATE 21/03/2024 SUBJECT: FINANCIAL SYSTEM
- Permanent Lending (FCO) and Liquidity Absorption Facilities – Notice No. 11/2011, dated October 20 Whereas it is necessary to adjust the interest rates of the Lending and Liquidity Absorption Facilities, regulated under Notice No. 11/2011, dated October 20; In accordance with the decisions of the 122nd ordinary session of the Monetary Policy Committee (MPC), held on March 17 and 18, 2025; This Directive serves to establish the following:
- The BNA Base Interest Rate (BNA Rate) is set at 19.5% (nineteen point five percent);
- The Interest Rate of the Permanent Lending Facility (FCO) is set at 20.5% (twenty point five percent);
- The Interest Rate of the Permanent Liquidity Absorption Facility (FAL) is set at 17.5% (seventeen point five percent);
- Doubts and omissions arising from the interpretation and application of this Directive are clarified by the Markets Department (DME);
- This Directive enters into force immediately. Luanda, March 21, 2025 MARKETS DEPARTMENT
Tania Patrícia de Oliveira Mendes Lopes -Director-
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