The Minister of Economy and Finance, Nadia Fettah Alaoui indicated that Morocco has issued a bond on the international financial market for a total amount of 2.5 billion dollars.

The sum of 2.5 billion dollars raised by Morocco is divided into two installments of 1.25 billion each. The first with a 5-year maturity was issued at a spread of 195 bps and a price of 98.855%, thus offering a rate of return of 6.22% and serving a coupon of 5.95%. The second has a maturity of 10 and a half years and was issued at a spread of 260 bps and a price of 99.236%, i.e. a rate of return of 6.602% and a coupon of 6.50%.

In a statement to MAP, Fettah Alaoui emphasized that “this issue reflects investors' confidence in the resilience of the Moroccan economy in a context of crisis, as well as the strength of macroeconomic fundamentals. the economic situation of the Kingdom and the rigor of its public finances”.

This issue is part of the strategy to diversify the Treasury's funding sources and whose amount is governed by the provisions of the 2023 Finance Act. It has been very successful with international investors.