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| 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
BNA - FOREIGN CURRENCY SALES
30th September 2019
Source: XECurrency
0403
Graphic 2 | Source: Bloomberg Source: XECurrency
MARKET ANALYSIS0605
MARKET BULLETIN
BOND MARKET07BT - 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%
Today, the National Bank of Angola announced that, in October 2019, foreign currency worth US $ 500,000,000 will be sold through price auctions. This sales volume is the lowest since the beginning of the year, below the amount sold in June (USD 562,070,774.40, Graphic nº 1). This figure is indicative and the amount realized may be even higher as was the case the previous month when the BNA announced a sale of USD 750,000,000 for the month of September and ended up selling USD 1.098.146.505,21.
The Angolan Central Bank Governor in an interview in New York on Wednesday pledged to slow annual inflation to single-digit by 2022 and said there was room to continue lowering interest rates as the country economy continued feel the repercussions of the fall in oil prices and the decline in production. Massano said Angola is struggling to maintain its foreign exchange reserves, which currently stand at about US $ 20 billion (Gross value, Net international reserves are just over US $ 10 billion (Graphic nº 2). Over the past three years, the economy has contracted, while consumer prices increased by 17.9% in August over the previous year.
The Governor stated that the country is starting what it says is a program of banking reform (overburdened with bad credit), production rather than imports of basic goods such as rice, sugar and beans, and privatization of more than 150 companies in the next three or four years.
Brent depreciated 0.68% this week compared to last week closing the session at around USD 64 per barrel (Graphic nº 3). This moderation in prices following the rise after the attack on Saudi Arabia is due to statements by representatives of Saudi Aramco and the country's Prime Minister that raw material processing would be fully recovered by the end of this month. Still Saudi Arabia Crown Prince Muhammad Bin Salman warned that world oil prices could rise to "unimaginably high levels" if the international community does not take a "strong and firm" stance against Iran.
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
PASSION FOR ANGOLA.To realise, develop and participate in Angola’s growth.This is where we apply our passion. To always do better.
Graphic 1 | Source: BNA
Graphic 3 | Source: NASDAQ
ENERGY PRICE CHANGES (COMMODITIES)
NET INTERNATIONAL RESERVES (USD)
APP BNI NETNew features.Use APP BNI and have your bank a click away.Quickly and easily.
AOA
USD
GBP
EUR
ZAR
1 00000,
0,00269
0,00218
0,00245
0,04078
372,402
1,00000
0,81267
0,91384
15,1848
458,246
1,23051
1 00000,
1,12449
18,6851
407,515
1,09429
0,88929
1,00000
16,6166
24,5247
0,06586
0,05352
0,06018
1,00000
1 AOA 1 USD 1 GBP 1 EUR 1 ZAR1 200 000 000,00
1 000 000 000,00
800 000 000,00
600 000 000,00
400 000 000,00
200 000 000,00
-Jan Feb Mar Apr May Jun Jul Aug Sep Oct
30000
25000
20000
15000
10291.28
Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun
Crude Oil
Heating Oil
RBOB Gasoline
Natural Gas
Brent Crude
CBOT Ethanol Futures
-2 -1.5 -1 -0.5 0 0.5 1 1.5 2
0.39%
0.32%
0.4%
1%
0.68%
1.73%
