Morocco Returns to Global Bond Market with €1 Billion Euro Issue

In a press release, the Ministry of Economy and Finance announced that this issue was a great success. According to them, this issue marked the return of the kingdom to the international financial market after an absence of five years and was "remarkably successful with international investors".

According to the same press release, cited by the Map, this issue benefited from a significant transaction, exceeding 5.3 billion euros during the transaction with more than 285 investors involved.

In doing so, Morocco’s signature has credibility with major financial institutions and rating agencies. This success, it is affirmed, also confirms the success of the one-week roadshow organized by the Minister of Economy and Finance, Mohamed Benchaâboun, accompanied by a delegation from the Treasury Directorate in Paris, Zurich, London, Frankfurt and Amsterdam/The Hague.

During this trip, about thirty meetings were organized with more than sixty investors, including fund managers, pension funds and insurers, it is further specified.