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Morocco Treasury Forecasts July 2026 Funding Needs Between MAD 5.5‑6 Billion
The Treasury and External Finances Directorate (DTFE) announced that Morocco’s financing requirement for July 2026 will lie between 5.5 and 6 billion Moroccan dirhams, a slight reduction from the 6‑7 billion range estimated for June. The amount will be raised through the usual Treasury auction process, signalling a modest easing of short‑term funding pressure.
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Morocco Treasury Forecasts July 2026 Funding Needs Between MAD 5.5‑6 Billion
The Treasury and External Finances Directorate (DTFE) announced that the anticipated financing requirement for July 2026 will range from 5.5 to 6 billion Moroccan dirhams (MAD). This figure reflects a modest decline from June’s estimate of 6‑7 billion MAD.
According to the official press release, the Treasury will issue auctionable securities in July to cover the stated amount.
Key points:
- July 2026 funding need: MAD 5.5‑6 billion.
- June 2026 funding need: MAD 6‑7 billion.
- The range will be met through Treasury auctions.
Recent Treasury operations for context:
- July 10, 2026 – Placement of MAD 30.9 billion surplus cash.
- July 6, 2026 – Placement of MAD 600 million surplus cash.
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