The downward trend in bond yields continues
Attijari Global Research (AGR) should see its rates on the bond market fall in the first quarter of 2021. This decline is due to the decline in investors' profitability requirements.
In its weekly note "Weekly Hebdo Rates - Fixed income" relating to the week from January 22 to 28, AGR, a subsidiary of Attijariwafa bank (AWB) announces that the forecast for primary bond rates remains stable. In the first quarter of 2021, the agency forecasts a downward trend due to the decline in investors' profitability requirements.
In February, the Treasury raises 800 million dirhams on the 26-week maturity. A total of 2.95 billion DH will be raised. With regard to the active management of its treasury, the treasurer of the State proceeded to an exchange session for a total amount of 7.4 billion DH. Demand remains sustained at 9.8 billion dirhams due to the general decline in primary yield rates for short and long term maturities.