Angola policy interest rate
Taxa Básica de Juro do Banco Nacional de Angola ('Taxa BNA') — the reference/policy rate set by the Comité de Política Monetária (CPM), the BNA organ established under the Lei do Banco Nacional de Angola (Lei n.º 24/21, de 18 de Outubro). The CPM holds six ordinary meetings a year (odd months: January, March, May, July, September, November), each a two-day sitting, and announces the Taxa BNA together with the two standing-facility rates (Facilidade Permanente de Cedência de Liquidez and Facilidade Permanente de Absorção de Liquidez).
| Current value | 15.75 percent |
|---|---|
| In force from | 2026-07-14 |
| Official source | BNA — Comunicado da 130.ª Reunião do Comité de Política Monetária, Malanje, 13 e 14 de Julho de 2026: 'Reduzir a Taxa BNA de 17,00% (dezassete por cento) para 15,75% (quinze vírgula setenta e cinco por cento)' |
| Last verified | 2026-07-24 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
CUT of 125bps on 14 Jul 2026 — the brief that launched this file warned not to assume direction; the direction is DOWN and has been down since Nov 2025 (19.00% → 18.50% → 17.50% → 17.00% → 15.75%, i.e. 325bps of easing in eight months). The same 130th CPM cut the Facilidade Permanente de Cedência de Liquidez from 18.00% to 16.75% and the Facilidade Permanente de Absorção de Liquidez from 16.00% to 14.75% — the corridor is symmetric at ±100bps around the Taxa BNA. Rationale given: 'a desaceleração consistente da inflação observada, bem como na perspectiva da manutenção dessa tendência no curto prazo'; the CPM revised its end-2026 inflation projection DOWN to 8.6% (±1pp) and 2026 GDP growth UP to 3.6%. EFFECTIVE DATE TRAP: BNA CPM communiqués do NOT state a separate entry-into-force date for the Taxa BNA — the decision is taken and published on the second day of the meeting and the rate is shown as current on the BNA homepage from that day, so effective_from is the communiqué date (14 Jul 2026), not a later settlement date. Do not confuse the Taxa BNA with LUIBOR (the interbank offered rate; on 24 Jul 2026 overnight 12.03%, 1M 15.34%, 3M 15.94%) or with the two standing-facility rates — those are quoted on the same BNA homepage panel and are frequently mis-served as 'the Angolan policy rate'. Next CPM: 131.ª reunião, Luanda, 14-15 September 2026. ACCESS NOTE: www.bna.ao is an Angular hash-routed SPA — plain HTTP fetches of https://www.bna.ao/ return only the site chrome and any /#/... deep link returns an empty shell; the content is served from POST https://www.bna.ao/service/rest/generic/sharepoint/v2/search and GET https://www.bna.ao/service/rest/generic/sharepoint/multi/search?whichParam=[{ID:<n>}]&whichUrl=Anúncios/Notícias. A source-watcher must render JavaScript or hit that JSON endpoint; the CPM communiqué IDs are sequential (1218 = 130th, 1180 = 129th, 1155 = 128th, 1123 = 127th, 1089 = 126th).
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-11-18 | 18.5 | BNA — Comunicado da 126.ª Reunião do Comité de Política Mone |
| 2026-01-14 | 17.5 | BNA — Comunicado da 127.ª Reunião do Comité de Política Mone |
| 2026-05-14 | 17 | BNA — Comunicado da 129.ª Reunião do Comité de Política Mone |
Get it programmatically
curl https://afriref.dev/v1/ao/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/ao/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/ao/policy-rateOther Angola series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates