The Moroccan treasure exceeds its announced need for the month of January by 30%.

In a recent note “Weekly Hebdo Fixed Income Rate”, it is indicated that “one week before the end of January, the Treasury raised reached 18.5 billion Dirhams (BMDH) against an announced need for this month of 14.3 Bn MAD, or a completion rate of 130%”. During this auction session, the amount sold was low, i.e. 1.1 billion MAD, against a request from investors of 2 billion MAD, i.e. a satisfaction rate of 42%. According to the experts, “taking into account, on the one hand, the comfortable levels of cash flow for the State treasury, we should see control of the Treasury's BDT supply