Directive No. 10 of November 21, 2025

GOVERNOR
DIRECTIVE NO. 10/2025
ORIGIN: MARKETS DEPARTMENT (DME)
DATE 21/11/2025
SUBJECT: FINANCIAL SYSTEM
 Permanent Lending (FCO) and Liquidity Absorption Facilities – Notice No. 11/2011, of October 20 Whereas it is necessary to adjust the interest rates of the Lending and Liquidity Absorption Facilities, regulated under Notice No. 11/11 of October 20; In accordance with the decisions of the 126th ordinary session of the Monetary Policy Committee (MPC), held on November 17 and 18, 2025; This Directive serves to establish the following:

1. The Basic Interest Rate of BNA (BNA Rate) is set at 18.5% (eighteen point five percent);
2. The Interest Rate of the Permanent Liquidity Lending Facility (FCL) is set at 19.5% (nineteen point five percent);
3. The Interest Rate of the Permanent Liquidity Absorption Facility (FAL) is set at 16.5% (sixteen point five percent);
4. Doubts and omissions arising from the interpretation and application of this Directive are clarified by the DME;
5. Directive No. 09/25 of September 30, on Permanent Liquidity Facilities, is hereby revoked;
6. This Directive enters into force on the date of its publication.
   Luanda, November 21, 2025
   MARKETS DEPARTMENT

Tânia Patrícia de Oliveira Mendes Lopes
-Director-