Attijari Global Research (AGR) reported that, at the end of last week, the Treasury continued the rapid pace of its money market interventions by increasing by three billions of dirhams (MMDH) to invest its cash surplus.

In its note “Weekly Hebdo Taux-Fixed Income”, relating to the week of September 30 to October 6, the AGR points out that the average pension and unpaid cash injection has increased in one week from 12.9 MMDH to 16 MMDH. This reflects the comfortable state of public finances. For its part, Bank Al-Maghrib continues to regulate the market through its liquidity injections.

In addition, the MONIA index has returned to its pre-COVID-19 crisis level, i.e. a weekly average of 1.98%, recording a significant increase of 36 PBS.