Moroccan treasury issues short, medium and long term bonds

The Moroccan Treasury issues Tuesday 1 year, two years and 15 year bonds, says a release of the department of economy, finance, privatization and tourism.

The two-year bonds are issued with 5.80% interest rate and possession as of May 2, 2000 while the 15 year bonds will generate 6.25% interest as of March 20, 2000. The 52 week bonds yield an interest of 5.70% with possession as of November 27, 2000, the release says.

The Treasury will also receive tender prices for new 5 year and 10 year lines to be issued with interest rates of 6.30% and 6.70% respectively.

Subscription bonds will be paid on December 11, 2000.