boletim de mercado 04-11-19 - bni › media › 2198 › boletim_mercado_en.pdf · 11,50% 12,00%...
TRANSCRIPT
| 1 | USD INDEXED BOND
MATURITY 2019 - 2023
COSTS 1,50%
| 2 | BNI TERM DEPOSITS
6M 12M
100K - 5M
>5M - 50M
>50M - 100M
100M+
AMOUNT 1M 2M 3M
10,90%
11,40%
11,90%
12,40%
11,05%
11,55%
12,05%
12,55%
11,20%
11,70%
12,20%
12,70%
11,35%
11,85%
12,35%
12,85%
11,50%
12,00%
12,50%
13,00%
01 02 CROSS CURRENCY MATRIX
BNI: INVESTMENT OPPORTUNITIES
AUCTIONS BNA - OUT/2018/19
04th November 2019
Source: XECurrency
04
Source: Banco BNI
MARKET ANALYSIS06
MARKET BULLETIN
BOND MARKET05BT - Treasury Bills
BT - Treasury Bills
BT - Treasury Bills
OTX - Bonds Indexed to USD
OTX - Bonds Indexed to USD
OTX - Bonds Indexed to USD
91 DAYS
182 DAYS
364 DAYS
3 YEARS
4 YEARS
5 YEARS
16,15%
20,25%
23,90%
7,00%
7,50%
7,75%
According to Instruction No. 16/2019, the national bank of Angola (BNA) announces that from October 24th of the current year, commercial banks will have absolute control in trading foreign currency to their customers and counterparties, thus leaving transactions in the Interbank market free of limits stipulated by BNA's 2% selling exchange rule as per Instruction No. 20/2018 at the end of last year, this new foreign exchange regime was approved through an extraordinary session of the Monetary Policy Committee held in October. The BNA Governor, Dr. José de Lima Massano, said that since the objectives set at the beginning of 2018 were achieved, namely:
Ÿ End of Kwanza indexation to the US dollar; Ÿ Regularization of foreign exchange operations to be performed in
commercial banks since 2014;Ÿ Elimination of foreign exchange sales directly to companies and citizens by
BNA and Ÿ The replenishment of commercial banks' foreign currency liquidity levels;
Allowing customers greater bank account movement capacity, resulting in a reduction in operations related to money laundering and terrorist financing.
It has also set a maximum annual value of USD 120,000 for private foreign exchange operations, except for those related to health and education expenses which will not be subject to any limits, where they are paid directly to the institutions.
In October around 24 auctions and direct sales were held, with sessions in different currencies namely EUR and USD, providing around EUR 83 Million and USD 554 Million against 19 auctions in the homologous period last year with the BNA bid selling EUR 40 Million and USD 750 Million. (Graph 1).
BNA has made available three letters of credit settlement on the market with approximately USD 150 million and over USD 450 Million for other purposes. (Graph 2)
BNI - Direcção Financeira Internacional
CERTIFICAÇÃO INTERNACIONAL DE QUALIDADE
BNI - Banco de Negócios InternacionalAvenida Che-Guevara nº 42 - A, Bairro Maculusso, Distrito da Ingombota. Caixa Postal 578. Luanda - AngolaTel: (+244) 222 632 900 / (+244) 222 632 901 / Fax: (+244) 222 371 887
www.bni.ao
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Graphic 1 | Source: BNA
APP BNI NETNew features.Use APP BNI and have your bank a click away.Quickly and easily.
03
Graphic 2 | Source: BNA
% OF AUCTIONS DIRECTED TO CRDI OUT/2019
AOA
EUR
GBP
ZAR
USD
1 00000,
0,00180
0,00156
0,02975
0,00201
554,574
1,00000
0,86350
16,4970
1,11658
642,237
1,15807
1 00000,
19,1047
1,29308
33,6167
0,06062
0,05234
1,00000
0,06768
496,671
0,89559
0,77335
14,7745
1,00000
1 AOA 1 EUR 1 GBP 1 ZAR 1 USD
40 000 000,0083 202 660,86
750 445 641,92
554 320 131,47
USD EUR
Out/18 Out/19
various purposes88%
Liquidation CRDI12%
88%
12%
CRDI: Import Documentary Credit