Notice No. 11/2012, of April 2

Published in the Official Gazette of the Republic, Series I, No. 63, dated April 2 NOTICE NO. 11/2012 of April 2 SUBJECT: MONETARY POLICY Basic Interest Rate – BNA Rate Considering the need to institutionalize the Basic Interest Rate of the National Bank of Angola – BNA Rate. To signal monetary policy objectives to the market:
Pursuant to Article 51 of Law 16/10, dated July 15, the National Bank of Angola Law. IT IS DETERMINED:

1. The Basic Interest Rate of the National Bank of Angola – BNA Rate, is established.
2. The BNA Rate is an interest rate aimed at signaling the direction of monetary policy
   to the market and serves as a reference for the formation of the interbank interest rate.
3. The BNA Rate is defined monthly by the Monetary Policy Committee (MPC) of the National Bank of Angola and published via the BNA's website or other public communication medium.
4. Questions and omissions arising from the interpretation of this Notice shall be resolved by the Asset Markets Department of the National Bank of Angola.
5. This Notice enters into force immediately.
   PUBLISH
   Luanda, October 25, 2011
   THE GOVERNOR
   JOSÉ DE LIMA MASSANO