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ItalianoBond Morocque 3.4% ( MA0002008110 ) in MAD
| Issuer | Morocque |
| Market price | 100 % ⇌ |
| Country |  Morocco
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| ISIN code |
 MA0002008110 ( in MAD )
|
| Interest rate | 3.4% per year ( payment 1 time a year) |
| Maturity | 15/01/2017 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 100 000 MAD |
| Total amount | 1 181 600 000 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. This financial article details a specific bond issuance, ISIN code MA0002008110, which was a sovereign obligation of the Kingdom of Morocco, a North African state that actively participates in global financial markets. Denominated in Moroccan Dirhams (MAD), this bond carried a fixed annual interest rate of 3.4%, with interest paid annually, and represented a total issue size of MAD 1,181,600,000, with a minimum investment threshold of MAD 100,000. The instrument reached its maturity on January 15, 2017, at which point its market price was 100% of its face value, and it has since been fully redeemed and repaid, thereby completing the issuer's commitment to its bondholders. |