Morocco’s Treasury Raises MAD 2.95 Billion Through Bond Auction

Morocco’s Treasury accepted approximately MAD 2.95 billion in bids during its 3 November bond auction, against total offers of around MAD 4.96 billion. Allocations included MAD 1.4 billion in 13-week bills at an average rate of 2.194% and MAD 1.55 billion in 52-week bills at 2.414%. HPC can support investment research, financial modelling and public-debt market analysis.

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