by Amruth Sundarkumar | Apr 14, 2022 | Financial News
Angola plans to finance its budget with the windfall revenue gained due to crude oil prices surging, and will therefore not tap the offshore bond markets for the rest of 2022 after a $1.75bn issuance last week. The government had planned and approved to sell $2.8bn in...
by Amruth Sundarkumar | Sep 14, 2021 | Credit Ratings, Sovereign Bonds
The Republic of Angola has received an upgrade to B3 from Caa1 with a stable outlook from Moody’s as there has been an improvement in its sovereign credit profile driven by stronger governance. The African nation’s fiscal metrics as well as liquidity and...
