Directive No. 04/DMA/2021

GOVERNOR DIRECTIVE NO. 04/DMA/2021 ORIGIN: ASSETS MARKETS DEPARTMENT (DMA)

DATE 01/04/2021 SUBJECT: FINANCIAL SYSTEM

• Fa - Permanent Lending Facilities (FCO) and Liquidity Absorption Facilities – Notice No. 11/2011, dated October 20 Whereas it is necessary to adjust the Interest Rate of the Lending and Liquidity Absorption Facilities, regulated under Notice No. 11/2011, dated October 20; In accordance with the decisions of the ninety-eighth ordinary session of the Monetary Policy Committee (MPC), held on March 29, 2021; This Directive hereby establishes the following:

1. The Basic Interest Rate of the BNA (BNA Rate) is set at 15.50% (fifteen point fifty percent) per annum;
2. The Interest Rate of the Permanent Liquidity Absorption Facility with a 7-day maturity (FAL 7) is set at 12% (twelve percent);
3. The Interest Rate of the Permanent Liquidity Lending Facility (FCO) is indexed to the interest rate of 91-day Treasury Bills (BT), plus 0.50% (zero point fifty percent);
4. Doubts and omissions arising from the interpretation and application of this Directive shall be clarified by the Assets Markets Department;
5. Directive No. 02/DMA/2019, dated October 24, and paragraph 1 of Directive No. 01/DMA/2021, dated February 2, are hereby revoked;
6. This Directive enters into force immediately. Luanda, April 1, 2021. ASSETS MARKETS DEPARTMENT

Tânia Patrícia de Oliveira Mendes Lopes -Director-