Morocco Treasury Raises DH2.82bn, Focuses 73% of Issuance on 5‑Year Bonds

On July 17, 2026, the Moroccan Treasury auctioned DH 2.82 billion of government securities, satisfying just under half of total demand. Approximately three‑quarters of the allocation went to the 5‑year maturity, priced at a ceiling rate of 2.9714%. The operation led to modest shifts in primary rates and a slight easing of the banking liquidity deficit, while secondary‑market yields moved in mixed directions across tenors. Analysts expect continued central‑bank intervention and a consolidation phase in the bond market.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.