Bond Morocque 0% ( MA0002015875 ) in MAD

Issuer Morocque
Market price 100 %  ⇌ 
Country  Morocco
ISIN code  MA0002015875 ( in MAD )
Interest rate 0%
Maturity 01/03/2021 - Bond has expired



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Minimal amount 100 000 MAD
Total amount 500 000 000 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.

The Kingdom of Morocco, a sovereign issuer within the North African economic landscape, known for its commitment to fiscal stability, successfully completed the full redemption of its MAD-denominated zero-coupon bond, ISIN MA0002015875, on its maturity date of March 1, 2021, with the instrument, originally issued as part of a MAD 500,000,000 offering and carrying a minimum subscription size of MAD 100,000, being repaid at 100% of its face value to all bondholders.