Africa Monitor

Africa Monitor Intelligence

Angola: Financial Dependence on China Increases

Angola: Financial Dependence on China Increases

The demand for Treasury bills (BT) and bonds (OT) has been reduced in the most recent public debt auctions, making it difficult for the State to finance domestically. In the 2nd week of JUL. demand was less than 1/5 for the most requested maturity (BT at 3 months) - 3,400 titles sold for 18,600 offered. READ MORE