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Angola Announces New Foreign Currency Debt Issuance

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  • Analysts warn of potential long-term economic impacts from treasury bond issuance
  • New foreign currency debt issuance targets both domestic and international investors

Luanda, Angola – The Angolan Ministry of Finance announced on Wednesday, October 16, the issuance of new foreign currency debt, with analysts pointing out that a favorable business environment and committed policymakers will be crucial to the success of this financial operation. However, they caution that the sale of treasury bonds could drive up interest rates and borrowing costs, potentially hindering long-term economic growth.

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