Bond market: comfortable financing conditions for the Treasury

On the eve of the end of April, the Treasury raised a cumulative amount of 6.9 billion dirhams, or 68% of the monthly needs announced at the beginning of the month. As for the CMT auction session, subscription to the sovereign wealth fund in the domestic market was low at 350 million dirhams, compared to investor demand of 1.4 billion dirhams. The satisfaction percentage with the session therefore amounted to 26%.