Angola has announced the launch of sovereign debt bonds in the International market in the form of Eurobonds, amounting to USD $1,500,000,000.00 (one thousand five hundred million US dollars), under the Executive public finance management policy, in accordance with the long-term economic and financial development programme.

According to a statement made available to CEOAfrica, some of the benefits that the sovereign issuance may lead to are: Diversification of sources of external financing – a bond issuance in the international market offers diversification of funding sources; establishment of long-term funding sources – in the process of sovereign issuance, the country has the opportunity to lay the foundation for establishing long-term relationships with international investors in all major financial centres worldwide;

Positive impact in terms of evaluation of Credit Rating Agencies – access to global bond markets could be a positive boost and increase confidence in the rating of bonds; construction of a yield curve – start of the process of creating the international yield curve, which enables sovereign nations to access capital markets easily and more often.

It was also stated that the sovereign issuance is now taking place on the London Stock Exchange culminates the efforts begun in 2011, when, given that recourse to traditional sources of funding (bilateral, commercial and credit facilities) was then quite concentrated, which from the point of view of risk management and the associated costs is not recommended as it increases the country's exposure to a particular funder, the executive considered the need to seek alternative funding sources.

From this broad consultation process, Angola could benefit greatly from sovereign issuance in international markets, not only because it could benefit from diversification of external sources of funding, but also because it was found that following the considerable social, political and economic progress that the country had achieved since the end of armed conflict, European and American investors would be greatly attracted to investing in the bonds that the Angolan state was to issue.