A la fin de la séance the second auction session in September, the Treasury met 43% of its needs. The information was given in the recent note “Weekly Weekly Rate - Fixed Income” from Attijari Global Research (AGR), which covers the period from September 1

Attijari Global Research indicated in its note that “at the end of the second auction session in September, the Treasury met 43% of its needs announced at the beginning of the period. Indeed, the cumulative fundraising at the end of this session amounted to 5.2 billion dirhams (MDH) in the face of an announced financing need of 12.3 billion dirhams for the whole month, i.e. a balance to be financed for the rest of the period of 7 billion dirhams”. According to the same source, the yield rate at maturity 52 weeks fell in one week by 3 basis points (pbs) to 3.25%. Investor demand remains moderate at 5 billion dirhams compared to a Treasury subscription of 2.5 billion dirhams, representing a satisfaction rate of 50%