Banco Angolano de Investmentos authorised to trade Treasury Bonds

24 April 2015

Angolan investment bank BAI has been authorised to trade treasury bonds previously acquired from the State with other banks, under an agreement signed Thursday in Luanda with the Angolan Debt and Securities Exchange (Bodiva).

In a statement sent to Macauhub, the bank said the agreement signed with Bodiva allows all market participants to have access to the same information, with full transparency of prices for those willing to trade Treasury Bonds.

Bodiva is the management body responsible for ensuring transparency, efficiency and security of transactions in regulated securities markets, encouraging the participation of small investors and competition between all operators, according to its articles of association.

Founded in 1996, BAI, which offers innovative solutions to support small and medium enterprises in Angola, is a banking institution that is present in Portugal, through BAI Europa, and in Cabo Verde (Cape Verde) with the BAI Cabo Verde. (macauhub/AO)