Capital raised amounted to more than 5.23 billion dirhams (MMDH) for the month of January 2023, against nearly 2.18 billion dirhams in the same period a year earlier, according to the Moroccan Authority for the capital (AMMC).
These liftings relate only to issues of negotiable debt securities (TCN), and are divided between certificates of deposit (5 billion dirhams) and commercial paper (220 million dirhams (MDH)), specifies the AMMC which has just published its monthly capital market indicators for the month of January 2023.
These indicators also show a 19% year-on-year increase in outstanding securities lending and borrowing transactions to MAD 21.7 billion at the end of January 2023.