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Confidential Source•Aug 3, 2026
Moroccan Bond Market Update: Weak Treasury Issuance and Rising Secondary Yields
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Bank liquidity pressure in Morocco eased during the week of July 23‑30, 2026, while the Treasury’s latest auction absorbed only a modest slice of investor demand. On the secondary market, yields climbed across most tenors, reflecting tighter funding conditions. BMCE Capital Global Research expects r...

The Direction of the Treasury and External Finances (DTFE) has announced a revision of the nominal rate for Morocco’s 5‑year Treasury bill line, which...