Skip to main content

Strong investor confidence as Moroccan treasury attracts $1.2 billion in demand

1 min MENA TODAY

The Moroccan Treasury raised over $700 million in its first bond auction of 2025, achieving its largest issuance since February 2024. The operation attracted robust investor interest, with demand exceeding $1.2 billion, marking a five-month high.

Market optimism amid global challenges © Mena Today 

Market optimism amid global challenges © Mena Today 

The Moroccan Treasury raised over $700 million in its first bond auction of 2025, achieving its largest issuance since February 2024. The operation attracted robust investor interest, with demand exceeding $1.2 billion, marking a five-month high.

Investor confidence was reflected in a decline in yields across 10, 20, and 30-year maturities, with respective drops of 5, 4, and 22 basis points. 

Despite this, the secondary market curve exhibited an upward shift across all maturities, indicating evolving demand for long-term debt and highlighting active market dynamics.

The success of the auction comes as Morocco’s fiscal management remains strong, with a budget deficit estimated at around 4% of GDP in 2024. This solid fiscal position has reinforced the Treasury’s credibility, enabling it to attract investors even in the absence of an official financing requirement for January.

The Treasury’s ability to secure significant funding amid global economic uncertainty underscores growing market confidence in Morocco’s public finances. 

The auction’s record-breaking demand and competitive pricing position Morocco as a reliable issuer, further bolstering its standing in the international bond market.

Related

Sudan

Sudan's paramilitary RSF chief says war with army is not over

The leader of Sudan's paramilitary Rapid Support Forces (RSF), Mohamed Hamdan Dagalo, said on Sunday that his war against the army was not over and his forces would return to Khartoum despite being largely driven out of the capital.

United Arab Emirates

World Court to hear Sudan genocide case against United Arab Emirates

The World Court said on Friday it would hear a case brought by Sudan demanding emergency measures against the United Arab Emirates and accusing the Gulf state of violating obligations under the Genocide Convention by arming paramilitary forces.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.