Angola will issue $2 billion dollars of foreign currency bonds in its domestic market, Finance Minister Armando Manuel said on Friday, as the oil-producing African country looks to ease pressure on its foreign exchange market.
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$2 bln of domestic foreign currency bonds to be issued
The funds raised would be used to finance public expenditure, Manuel said in a statement.
Angola's President Jose Eduardo dos Santos shows off his inked finger to photographers after casting his vote during national elections in the capital Luanda, August 31, 2012. REUTERS/Siphiwe Sibeko
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