Bond Morocque 0% ( MA0002016725 ) in MAD
| Issuer | Morocque |
| Market price | 100 % ⇌ |
| Country | Morocco
|
| ISIN code |
MA0002016725 ( in MAD )
|
| Interest rate | 0% |
| Maturity | 28/02/2022 - 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 | 400 000 000 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 sovereign bond (ISIN: MA0002016725) issued by the Kingdom of Morocco, a prominent sovereign entity within the North African financial landscape and an active participant in international capital markets, with an initial total issuance size of MAD 400,000,000 and a minimum purchase threshold of MAD 100,000, structured as a zero-coupon instrument with a 0% interest rate and a single payment frequency, successfully reached its maturity on February 28, 2022, and has been fully repaid to investors at its market price of 100% in Moroccan Dirhams, effectively completing its financial lifecycle. |
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