Regulatory Alerts2021-04-01
Directive No. 04/DMA/2021
The Assets Markets Department (DMA) of the Angolan Governor's Office issued Directive No. 04/DMA/2021 to adjust the interest rates for permanent lending and liquidity absorption facilities. The directive sets the BNA Basic Interest Rate at 15.50% per annum and fixes the 7-day Liquidity Absorption Facility rate at 12%, while indexing the Lending Facility rate to 91-day Treasury Bills plus 0.50%. It simultaneously revokes Directive No. 02/DMA/2019 and paragraph 1 of Directive No. 01/DMA/2021, entering into force immediately following the Monetary Policy Committee's March 29, 2021 decision.
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