CEVAMA — Central de Valores Mobiliários de Angola
Angola’s central securities depository (CSD) and settlement system, operating as a subsidiary of BODIVA. CEVAMA handles the registration, custody, clearing, and settlement of all securities traded on the Angolan market.
Key Facts
- Full Name: Central de Valores Mobiliários de Angola
- Parent: BODIVA
- Function: Central securities depository, clearing, settlement
- Settlement Cycle: T+2 (equities), T+0 to T+1 (government bonds)
- Total Custody Accounts: ~58,000
- Securities Held: Equities, treasury bills, treasury bonds
Functions
CEVAMA provides: (1) securities registration — maintaining the definitive register of ownership for all BODIVA-listed securities, (2) custody — holding securities in dematerialized (book-entry) form, (3) clearing and settlement — processing all trades executed on BODIVA, and (4) corporate actions — processing dividend payments, stock splits, and other events.
Investor Access
Investors require a CEVAMA account to hold BODIVA-listed securities or participate in government bond auctions. Accounts are opened through BODIVA-licensed broker-dealers or banks authorized as CEVAMA participants.