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Financial market: 17.5 billion DH raised by the research company BKGR

16/01/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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During the session on Tuesday, January 10, 2023, 35 million dirhams were proposed and 17.5 billion dirhams were awarded. This amount should be put into perspective according to a market source.

The results of the Treasury bill auction session were released on the evening of Tuesday, January 10 in a flash note from the research company BKGR. This note indicates that a historic amount of 34.7 MMDH was proposed by investors for an initial need estimated by the market at 6 MMDH. All maturities were offered except at the age of 30. As far as a market where buyers and sellers observe each other, the needs of the Treasury are indicative. The Treasury carried out a lot of short-term fundraising in 2022, with several installments to be repaid as of this year.

The real need of the Treasury was therefore 16 MMDH (6 + 10) and 17 billion according to the sources. The satisfaction rate therefore reached 50%, or a total of 17.5 billion dirhams that was awarded.

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