Bond Morocque 1.75% ( MA0002016592 ) in MAD

Issuer Morocque
Market price 100 %  ⇌ 
Country  Morocco
ISIN code  MA0002016592 ( in MAD )
Interest rate 1.75% per year ( payment 1 time a year)
Maturity 09/11/2023 - Bond has expired



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Minimal amount 100 000 MAD
Total amount 700 000 000 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 sovereign bond, identified by ISIN MA0002016592, was issued by the Kingdom of Morocco, a sovereign state in North Africa and the country of issuance, with the bond itself denominated in Moroccan Dirham (MAD) and featuring an annual interest rate of 1.75%, representing a total issuance size of MAD 700,000,000 and a minimum purchase size of MAD 100,000; this obligation, which had an annual payment frequency and a market price of 100% at the time, reached its maturity on November 9, 2023, and has since been fully repaid.