Luanda, Oct. 8, 2025 (Lusa) – Angola returned to the international capital markets on Monday with a Eurobond issue totalling $1.75 billion (around €1.6 billion), the Ministry of Finance announced on Tuesday.

According to the statement, the operation was structured in two tranches: one of $1 billion with a maturity of five years (2030) and another of $750 million with a maturity of ten years (2035).

The issues will have half-yearly coupon yields of 9.25% and 9.78%, respectively.

The Ministry of Finance said that this was the first sovereign Eurobond issue since 2022, with the same overall amount, and that the volume of intentions registered, which exceeded $6 billion, "demonstrates the credibility and confidence of the international markets in the Angolan economy".

The statement explains that this operation aims to diversify sources of funding, optimise public debt management and contribute to a balanced budget, "in line with the country's perception of risk and the global economic situation.

The government also announced that it intended to complement external financing by issuing Treasury Bonds in Foreign Currency, worth up to $300 million, to finance the 2025 General State Budget.

This initiative is part of the strategy to raise funds to meet the financing needs of the 2025 General State Budget, "enabling the pursuit of the essential economic and social objectives set out in the budget," Minfin explains.

Other objectives are to attract domestic funding, diversify the sources of funding for the budget, and diversify financial instruments for channelling the savings of economic agents.

The public debt securities to be issued will pay coupons every six months, and the operation is open to all investors "This issue is intended to raise funds in foreign currency and in national currency," adds the statement, which notes that the operations registered in the order books will be settled in two cycles, on 17 October and 31 October.

RCR/ADB // ADB.

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