Bond Morocque 2.45% ( MA0002014738 ) in MAD

Issuer	Morocque
Market price	100 % ⇌
Country	Morocco
ISIN code	MA0002014738 ( in MAD )
Interest rate	2.45% per year ( payment 1 time a year)
Maturity	10/10/2018 - Bond has expired
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Minimal amount	100 000 MAD
Total amount	4 900 000 000 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. This financial review details the now-matured sovereign bond, ISIN MA0002014738, originally issued by the Kingdom of Morocco?a sovereign entity renowned for its engagement in the debt capital markets to fund national development and public sector initiatives?with an initial total issuance size of MAD 4.9 billion, a minimum purchase requirement of MAD 100,000, and denominated in Moroccan Dirham (MAD), bearing a fixed annual coupon rate of 2.45%, which reached its definitive maturity on October 10, 2018, having been subsequently redeemed at its par value of 100% on the market, thereby fulfilling its obligation to investors.