Bonds
Morocco Mandates Banks to Sell First Foreign Bonds in Two Years
The government is preparing costly reforms and a multi-billion dollar spending spree ahead of co-hosting the football World Cup in 2030.
Source: AFP/Getty Images
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Morocco mandated banks for a potential euro-denominated bond sale, the kingdom’s first outing on international debt markets since 2023.
The government is expecting to sell a benchmark dual-tranche offering of 4- and 10-year notes, subject to market conditions, according to a person familiar with the matter who asked not to be identified.