03 04

MATURITY 2018 - 2020

COSTS 1,50%

| 3 | BNI TERM DEPOSITS

6M 12M

100K - 5M

>5M - 50M

>50M - 100M

100M+

AMOUNT 1M 2M 3M

10,90%

11,40%

11,90%

12,40%

11,05%

11,55%

12,05%

12,55%

11,20%

11,70%

12,20%

12,70%

11,35%

11,85%

12,35%

12,85%

11,50%

12,00%

12,50%

13,00%05

BOND MARKET

07 MARKET ANALYSIS

MARKET BULLETIN

01 02 CROSS CURRENCY MATRIX

www.bni.ao

PASSION FORANGOLA.To realise, develop and participate in Angola’s growth.This is where we apply our passion. To always do better.

| 1 | USD INDEXED BOND

BNI: INVESTMENTOPPORTUNITIES

Source:

Graphic Nº 2

Avenida Che-Guevara nº42-A,Bairro Maculusso - Município da IngombotaPO Box: 578 Luanda - Angola

Fax (+244) 222 371 887

HEAD OFFICE II

Avenida Pedro Castro Van-Dumen Loy Condominio Plaza - Torre A Mirantes Talatona Luanda - Angola

Tel. (+244) 222 632 900 / (+244) 222 632 901Fax: (+244) 222 371 887

Luanda - Angola

Tel: (+244) 222 632 900 / (+244) 222 632 901

Condominio Plaza - Torre A Mirantes Talatona Luanda - Angola

Tel. (+244) 222 632 900 / (+244) 222 632 901Fax: (+244) 222 371 887

HEAD OFFICE I

06

In 2018, gross sales of diamonds amounted to 1.2 billion dollars, an increase of 11% compared to 2017, which reached 1.1 billion dollars, according to the report presented by the Administrator of SODIAM, Fernando Amaral, the mentioned revenues come from the sale of 8.4 million carats of diamonds, in which 89.2% were produced in Lunda Sul and the remaining 10.8% were produced in Lunda Norte,

According to the AGT, the carat price increased 33.2%, from USD 117.2 in 2017 to USD 156.2 in 2018, for the current year a production of 13 million carats is expected to take place according to the state´s perspectives in the National Development Plan (NDP) 2018-2022. (Graphic nº 1)

The European Union will finance agro-livestock projects worth USD 80 million in the provinces of Huíla, Namibe and Cunene, according to FRESAN (Resilience Building Program, Food and Nutrition Security in Angola), the amount invested will allow the construction of several infrastructures facilitating the cattle breeding in the municipalities of the mentioned provinces being highly affected by the drought which caused the death and malnutrition of animals, last year the European Union provided 65 million euros for the implementation of drought resilience programs in the three provinces. (Graphic nº 2)

In January, the national currency depreciated ten times against the USD, registering a depreciation of 1.08%, from USD / AKZ 310,473 to USD / AKZ 313,819, this devaluation is due to the floating exchange rate regime in force since last year for the In the current year, appreciations have not yet been recorded against the US dollar. (Graphic nº 3)

BNI - International Finance

Source:

Graphic Nº 3

BT

BT

BT

OTX

OTX

OTX

BT - Treasury Bills - Bonds Indexed to USDOTX

91 DAYS

182 DAYS

364 DAYS

3 YEARS

4 YEARS

5 YEARS

16,15%

20,25%

23,90%

7,00%

7,50%

7,75%

Graphic Nº 1

Source

BNA

USD / AKZ (JANUARY 2019)

SourceXECurrency

USD PER CARAT (2018 vs 2017)

UE INVESTMENTS IN LIVE STOCK (2019 vs 2018)

Road TaxBuy your vehicle stamp at Banco BNI and get a 15% discount on car insurance.

An exclusive Aliança Seguros offer.

1 AOA

1 USD

1 EUR

1 ZAR

1 00000.

0.00318

0.00281

0.04485

314.226

1.00000

0.88264

14.0939

356.007

1.13296

1.00000

15.9679

22.2951

0.07095

0.06263

1.00000

406.165

1.29259

1.14089

18.2176

AOA USD EUR ZAR GBP

Expansão

200

150

100

50

0

2018 2017

156,20 USD

117,20 USD

18 February.

Expansão

2019 2018

USD 80.000.000,00

EUR 65.000.000,00

315,00

314,00

313,00

312,00

311,00

310,00

309,00

308,001 3 5 7 10 13 16 18 21 23

Nº de Leilões

Akz USD