increase in volume to 14.9 billion dirhams

The overall volume recorded on the secondary market continued to rise, totaling some 14.9 billion dirhams (MMDH) during the period from July 27 to August 03, against 9.5 billion dirhams a week earlier, according to BMCE Capital Global Research ( BKGR).

41% of this volume is polarized by trade in medium-term maturities, specifies BKGR in its recent “Fixed Income Weekly” note. Concerning the secondary curve, the greatest variations, during the same period, were recorded downwards on the 5-year line (-8.2 basis points (bps) at 2.22%) and upwards on the 30 years (+5.9 bps at 3.42%).

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