Bond Morocque 7.1% ( MA0002005546 ) in MAD

Issuer	Morocque
Market price	100 % ⇌
Country	Morocco
ISIN code	MA0002005546 ( in MAD )
Interest rate	7.1% per year ( payment 1 time a year)
Maturity	04/02/2017 - Bond has expired
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Minimal amount	100 000 MAD
Total amount	2 819 600 000 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. An examination of the fixed-income instrument identified by ISIN MA0002005546 reveals a bond issued by the Kingdom of Morocco, a sovereign entity within North Africa recognized for its economic stability, which, denominated in Moroccan Dirham (MAD) and having offered an annual interest rate of 7.1%, reached its maturity on February 4, 2017, and was subsequently fully redeemed at 100% of its market price, representing a total issuance size of MAD 2,819,600,000 with a minimum investment threshold of MAD 100,000.