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ItalianoBond Morocque 0% ( MA0002016261 ) in MAD
| Issuer | Morocque |
| Market price | 100 % ⇌ |
| Country |  Morocco
|
| ISIN code |
 MA0002016261 ( in MAD )
|
| Interest rate | 0% |
| Maturity | 14/06/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 000 MAD |
| Total amount | 100 000 000 MAD |
| Detailed description |
Morocco is a North African country renowned for its rich blend of Arab, Berber, and European cultures, historic cities, and diverse geography stretching from Atlantic and Mediterranean coastlines to the Atlas Mountains and the Sahara Desert. A detailed analysis of a recently matured sovereign bond, identified by ISIN MA0002016261, reveals key characteristics of debt instruments issued by the Kingdom of Morocco, a prominent North African nation active in global financial markets. This particular obligation, denominated in Moroccan Dirham (MAD), constituted a total issuance size of MAD 100,000,000, with individual participation possible from a minimum purchase size of MAD 100,000. Notably structured as a zero-coupon bond, it featured a 0% interest rate, meaning investors anticipated principal repayment at maturity without periodic interest disbursements, consistent with its listed market price of 100% prior to its redemption. Bearing a maturity date of June 14, 2021, this bond has since successfully reached its full term and has been completely redeemed by the Moroccan treasury, underscoring the issuer's timely fulfillment of its financial commitments. |