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Mon, 10 Sep 2018 18:37 - Updated Tue, 11 Sep 2018 08:32

Securities match internationally recognised codes

Luanda - Angola's Securities Exchange (Bodiva), as the Regulated Markets Management Company, started issuing the code of International Securities Identification Number (ISIN) since Monday. This is expressed in a note released by Bodiva reached Angop Monday.

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Angola's stock exchange matches internationally recognised codes

Photo: Clemente dos Santos

The code is an international standard used for the unique identification of financial instruments, including shares, debt instruments and derivative instruments.

Bodiva meets the strict and detailed standards on how to keep requirements and practices coupled with changes of market conditions.

However, the Public Debt securities will be as from Monday issued according to strict and accepted standards worldwide, opening a channel for external entities, the source added.

The note states that Bodiva joined on 29 June 2018 the Association of National Numbering Agencies (ANNA), an international association tasked with standardising the securities identification codes on a global scale.

As the National Numbering Agency, Bodiva became responsible for attributing the identification codes to the issuances of securities and derivative instruments.

In another note, the Angola Securities Exchange (Bodiva) said it attended the first meeting of the CPLP Stock Exchanges at the 12th Summit of the Community of Portuguese Speaking Countries (CPLP), on 17 -18 July in Cape Verde.

The protocol signed by Bodiva, the Cape Verde Stock Exchange, EURONEXT Lisbon and the Mozambique Stock Exchange, served to set principles that allow the exchange of information among the Stock Exchanges, sharing of technological and regulatory solutions.

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