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The bond market meets 84% of its needs for the month of December

16/12/2022
Source : ORISHAS FINANCE
Categories: Index/Markets

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The Treasury met 84% of its announced requirement for the month of December, according to Attijari Global Research (AGR). AGR, in its recent note “Weekly Weekly Taux-Fixed Income”, mentioned that with two weeks to go until the end of 2022, the Treasury raised 12.4 billion dirhams (MMDH), or 84% of the announced need for the month of December, estimated at 14.8 billion DH. Thus, the balance to be financed amounts to 2.3 billion DH.

The amount awarded by the Treasury during this auction session in December was 4.9 billion DH against a request of 5.9 billion DH, representing a satisfaction rate of 83%, one of the highest levels of the year 2022.

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