“Treasury Auction Results: Total Amount Raised and Maturity Rates”

2023-05-24 08:27:25

The total amount raised by the Treasury on Tuesday stood at 4 billion dirhams, out of a total bid amount of 15.9 billion dirhams.

The State treasurer finally raised 830 MDH on the 52-week maturity and 3.1 billion on the 2-year maturity, an amount greater than the 3 billion needs announced to the intermediaries before the session.

Moreover, the treasury has so far raised 19.4 billion dirhams during the month of May, against an initially announced need of 12 billion.

In this context, the 52 weeks fell by 3 bps and the 2 years by 8 bps.

1684927417
#Treasury #takes #advantage #strong #investor #demand #raise #expected