Angola central bank cuts policy rate 100bp to 14.75% on Sept 18, 2026

On 18 September 2026 the National Bank of Angola’s Monetary Policy Committee cut the benchmark policy rate by 100 basis points to 14.75%, marking the lowest policy rate since 2016 and the third consecutive reduction amid disinflation and stronger growth projections.

A 100bp cut to 14.75% reduces short-term local funding costs and, together with lower reserve requirements and facility rate cuts noted by the BNA, should ease domestic credit conditions and support the kwanza. If sustained, lower policy yields could narrow Angola sovereign eurobond spreads versus higher-cost regional peers, though external rate moves and oil-revenue dynamics will condition investor repricing.

Market reaction in Angola sovereign eurobond trading and the BNA’s next MPC statement on inflation and exchange-rate pass-through.