Posts Tagged ‘Bond Rating’

Morocco Mojo Building From Moody’s to Record Bond Yields

Bloomberg reports on the strong performance of Morocco’s bond yields in 2014. Bloomberg’s sources credit political stability and an economy that is increasingly showing signs of being able to produce high value-added products, as causes for increased secondary market activity and the overall amount of outstanding issuance of Moroccan Sovereign notes: Moroccan bond yields are tumbling to records as an increase in issuance boosts liquidity amid a stable political backdrop, ...

Moody’s Changes Outlook on Morocco’s Ba1 Rating to Stable From Negative

CPI Financial provides analysis on Morocco’s recent bond rating improvement by Moody’s Investors Service. Morocco’s Ba1 government bond rating moved from ‘negative’ to ‘stable’, noting impending subsidy & pension reforms, the expected adoption of a new Organic Budget Law, and the government’s industrial growth strategy: The key drivers of the decision to change the outlook to stable are as follows: 1) The implementation of the government’s energy subsidy reform, which ...
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