Regulatory Alerts2026-05-19
Directive No. 3/2026, dated May 18
The Governor, acting through the Markets Department and in line with the Monetary Policy Committee's May 2026 decisions, adjusts the interest rates for Permanent Lending and Liquidity Absorption facilities. This Directive sets the BNA Basic Interest Rate at 17%, establishes the Lending Facility rate at 18%, and fixes the Liquidity Absorption Facility rate at 16%. It immediately revokes Directive No. 01/26 and grants the Markets Department authority to resolve any interpretative doubts or omissions.
GOVERNOR DIRECTIVE NO. 3/2026 ORIGIN: MARKETS DEPARTMENT (MD) DATE 18/05/2026 SUBJECT: FINANCIAL SYSTEM − Permanent Lending Facilities (FCO) and Liquidity Absorption Facilities – Notice No. 11/11, dated October 20 Whereas it is necessary to adjust the interest rates of the Lending and Liquidity Absorption Facilities, regulated under Notice No. 11/11, dated October 20; In accordance with the decisions of the 129th ordinary session of the Monetary Policy Committee (MPC), held on May 13 and 14, 2026; This Directive serves to establish the following:
- The Basic Interest Rate of the BNA (BNA Rate) is set at 17% (seventeen percent).
- The Interest Rate of the Permanent Lending Facility for Liquidity (FCL) is set at 18% (eighteen percent).
- The Interest Rate of the Permanent Liquidity Absorption Facility (FAL) is set at 16% (sixteen percent).
- Doubts and omissions arising from the interpretation and application of this Directive are resolved by the Markets Department (MD).
- Directive No. 01/26, dated January 19, on Permanent Liquidity Facilities, is hereby revoked.
- This Directive enters into force immediately. Luanda, May 18, 2026. MARKETS DEPARTMENT
Tânia Patrícia de Oliveira Mendes Lopes -Director-