Bond Market: The Treasury Buys Back 11 Billion Dirhams of Treasury Bonds

This operation occurs against a backdrop of gradually easing interest rates in the bond market, observed in recent sessions. It is part of the active management of domestic debt. The buyback involved several lines of treasury bonds (BDT) with various maturities, including 52 weeks, 2 years, 5 years, and 10 years, primarily maturing in 2026. The interest rates on the repurchased securities range from 2% to 3.50%. Anticipated by market operators, the Treasury's intervention has helped to enhance visibility in the interest rate market, in an environment characterized by improved macroeconomic conditions and more favorable expectations regarding monetary policy.