Bank Al-Maghrib is expected to keep its key rate unchanged at its final 2025 meeting, aiming to protect recent gains and maintain flexibility ahead of 2026’s...
The bond market is gradually normalizing as bank liquidity slightly improves and short-term issuance strengthens. Bullish signals appear across maturities, with investors favoring short-term flexibility. Yields...
The Moroccan bond market faces rising short- and medium-term rates amid widening bank liquidity deficits and high Treasury demand. Liquidity tightened 4.4% to MAD 140.1 billion...
By end-2024, 13.8 million accounts had been opened as payment institutions surged, fueled by social transfers and regulatory easing. Morocco’s financial inclusion efforts spurred rural expansion...
Morocco’s money and bond markets remain stable amid investor anticipation of Bank Al-Maghrib’s September decision. Liquidity and rates show little change, reflecting prudent monetary management and...
BMCE Capital Global Research highlights a measured consolidation in Morocco's fixed income market. Easing yields, controlled liquidity, and Bank Al-Maghrib's strategic actions underpin this calm phase....
The bond market continues its downward trend amid rising bank liquidity deficits and Bank Al-Maghrib's interventions. Long-term rates are declining, supported by prudent Treasury management. Primary...
Bank Al-Maghrib continues reducing the banking liquidity deficit, which dropped 7.79% to 140 billion dirhams, stabilizing interbank rates. The Treasury conducted moderate fundraising, raising 500 million...
The bond market and Treasury investments experienced notable fluctuations during the week of September 12, 2024. A widening banking liquidity deficit of 145 billion dirhams coincided...
Last week's money market trends, as analyzed by BMCE Capital Global Research, revealed notable adjustments in both bank liquidity and secondary market rates. The average bank...