Français
ItalianoBond Morocque 2.5% ( MA0002014894 ) in MAD
| Issuer | Morocque |
| Market price | 100 % ⇌ |
| Country |  Morocco
|
| ISIN code |
 MA0002014894 ( in MAD )
|
| Interest rate | 2.5% per year ( payment 1 time a year) |
| Maturity | 18/03/2019 - 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 | 7 000 000 000 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 recent review of sovereign debt instruments highlights the full maturation and redemption of a specific bond issued by Morocco, a North African nation actively engaged in both domestic and international financial markets to fund its national development strategies. Identified by the ISIN code MA0002014894, this bond, denominated in Moroccan Dirham (MAD), carried an annual interest rate of 2.5% and represented a substantial total issuance size of MAD 7,000,000,000, with a minimum purchase requirement of MAD 100,000 for investors. Upon reaching its maturity date on March 18, 2019, the instrument was fully redeemed at 100% of its principal value, confirming the successful completion of the issuer's financial obligation related to this particular debt security. |