The Department of Treasury and External Finance (DTFE), under the Ministry of Economy and Finance, carried out a Treasury Bond (BDT) exchange operation on Thursday for an amount of more than 4.52 billion of dirhams (MMDH), the settlement of which is scheduled for February 14, 2023.
This exchange is part of the active management operations of the domestic debt, the objective being the smoothing of the schedule of the domestic debt through the reduction of the repayment peaks, indicates the DTFE in a press release.
Redeemed at rates of 2.6%, 2.65%, 2.7%, 2.75 and 2.8%, the 13-week treasury bills related, respectively, to amounts of 390 million dirhams ( MDH), 84 MDH, 758 MDH, 200 MDH and 876.3 MDH, specifies the same source.
The operation also involved 26-week BDTs redeemed at rates of 1.97%, 2% and 2.05%, respectively for amounts of 40 MDH, 22.5 MDH and 35 MDH.
In addition, the sum of the securities bought back with a maturity of 2 years amounted to approximately 1.265 billion dirhams with a rate of 2.05% and the 5-year securities to an amount of 852 MDH, at the rate of 2.8 %.
For their part, the replacement lines concerned the 2-year and 2-year reviewable maturities, notes the same source.
