2026-05-07
Added · Updated
The Central Bank of Angola provides financial relief measures for companies in Angola demonstrably affected by natural disasters occurring since the beginning of 2026. The measures include a 30 billion Kwanda line for purchasing domestic treasury bonds, a 25 million USD line for purchasing foreign currency treasury bonds, and a 30 million USD or euro line for forward foreign exchange sales. Eligible companies can access up to 500 million Kwandas or 500,000 USD per entity, with transactions processed through banking institutions within a six-month window or until funds are exhausted.
CIRCULAR LETTER NO. 01/2026 SUBJECT: FINANCIAL SYSTEM − Financial Relief Measures for Companies Affected by Natural Disasters.
Following the financial relief measures intended for companies and families demonstrably affected by natural disasters that have occurred in the Country since the beginning of 2026, in accordance with Instruction No. 01/26, of April 24;
Considering the need to adopt additional financial relief measures for companies operating within national territory, demonstrably affected by the aforementioned natural disasters;
The National Bank of Angola makes available, for the aforementioned companies, the following Financial Relief Measures:
For the purpose of accessing the Financial Relief Measures, companies demonstrably affected must observe the terms and conditions contained in Annexes I, II, and III of this Circular Letter.
Luanda, May 5, 2026.
MARKETS DEPARTMENT
Tania Patrícia de Oliveira Mendes Lopes -Director-
CONTINUATION OF CIRCULAR LETTER NO. 01/2026 page 2 of 4
ANNEX I DEFINITIVE PURCHASE LINE FOR NATIONAL CURRENCY BONDS (OT- MN)
Available Amount: AOA 30 Billion
Purpose Purchase of Non-Adjustable National Treasury Bonds (OTNR) with the objective of generating liquidity in national currency for companies and fostering economic activity.
Line Usage Period
Eligible Entities: Companies operating within national territory demonstrably affected by natural disasters in accordance with Instruction No. 01/26, of April 24.
Eligible Bonds
Maximum Amount per Company Up to AOA 500,000,000.00 (five hundred million Kwanzas)
Trading Conditions The National Bank of Angola will acquire the OTNR at par, provided that the yield to maturity is equal to or greater than 18%. Or, if not, at a discount so as to ensure a yield up to 18%.
Access Procedures
Applicable Commission: 0.1%
Information The National Bank of Angola informs banking financial institutions and the market if the following conditions occur: a. Total utilization of the available amount before the deadline; b. Extension of the deadline or increase in the line amount.
Clarification of Doubts: Markets Department: dme@bna.ao 1 Other maturities are subject to the approval of the National Bank of Angola.
CONTINUATION OF CIRCULAR LETTER NO. 01/2026 page 3 of 4
ANNEX II DEFINITIVE PURCHASE LINE FOR FOREIGN CURRENCY BONDS (OT- ME)
Available Amount: USD 25 Million
Purpose Purchase of National Treasury Bonds in Foreign Currency (OTME) with the objective of generating liquidity in foreign currency for companies and fostering economic activity.
Line Usage Period
Eligible Entities: Companies operating within national territory demonstrably affected by natural disasters, in accordance with Instruction No. 01/26, of April 24.
Eligible Bonds
Maximum Amount per Company: Up to USD 500,000.00 (five hundred thousand US dollars).
Trading Conditions The National Bank of Angola will acquire the OTME at par, provided that the yield to maturity is equal to or greater than 5%. Or, if not, at a discount so as to ensure a yield up to 5%.
Access Procedures
Applicable Commission: 0.1%
Information The National Bank of Angola informs banking financial institutions and the market if one of the following conditions occurs: a. Total utilization of the available amount before the deadline; b. Extension of the deadline or increase in the line amount.
Clarification of Doubts: Markets Department – dme@bna.ao 2 Other maturities are subject to the approval of the National Bank of Angola.
CONTINUATION OF CIRCULAR LETTER NO. 01/2026 page 4 of 4
ANNEX III FORWARD FOREIGN EXCHANGE SALES LINE
Line Amount: USD 30 Million or the equivalent in euros.
Purpose Forward foreign currency sales, with the objective of making foreign currency liquidity available to economic agents for the replacement of equipment and raw materials.
Line Usage Period
Maturity: 7 days
Eligible Entities: Companies operating within national territory affected by natural disasters, in accordance with Instruction No. 01/26, of April 24.
Maximum Amount per Company Up to USD 500,000.00 (five hundred thousand US dollars), or the equivalent in euros.
Trading Conditions Operations will be carried out in the form of quantity auctions on the Bloomberg FXGO platform, through the AUPD command, considering the average exchange rate of the BMatch closing of the day prior to the auction date.
Access Procedures
Information The National Bank of Angola informs banking financial institutions and the market if the following conditions occur: a. Total utilization of the line before the deadline; b. Extension of the deadline or increase in the line amount.
Clarification of Doubts: Markets Department – dme@bna.ao
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