Morocco raises USD 2.5 billion on international markets
After 3 years of absence on the international financial markets, Morocco returns there by mobilizing a total amount of 2.5 billion USD with the launch of its euro bond this Wednesday, March 1st. Thanks to this issue, the Cherifian kingdom was able to raise USD 1.25 billion on 5-year maturities and the same amount on the 10-year maturity with respective spreads of T+195 and T+260. The operation, which thus proves the confidence of international investors in Moroccan paper, was led by BNP Paris Bas, Citi, Deutsche Bank and JPMorgan. Investor demand has reached