Bond Morocque 2% ( MA0002016717 ) in MAD
| Issuer | Morocque |
| Market price | |
| Country | Morocco
|
| ISIN code |
MA0002016717 ( in MAD )
|
| Interest rate | 2% per year ( payment 1 time a year) |
| Maturity | 17/05/2027 |
|
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 | 11 190 000 000 MAD |
| Next Coupon | 17/05/2026 ( In 99 days ) |
| 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. Currently trading at par (100%) in Moroccan Dirhams (MAD), the sovereign bond with ISIN MA0002016717, issued by the Kingdom of Morocco from its domestic market, offers an annual interest rate of 2% and is part of a substantial 11,190,000,000 MAD issuance with a minimum acquisition size of 100,000 MAD, maturing on May 17, 2027; as the issuer, the Kingdom of Morocco is a key North African economy known for its strategic geopolitical standing, its commitment to economic diversification, and its consistent fiscal prudence, all of which contribute to the stability and creditworthiness of its sovereign debt in global financial markets. |
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