Central Bank of Morocco to introduce a new risk-free rate

Morocco - Image by cuivie from Pixabay

Bank Al-Maghrib plans to reform its new risk-free rate – the London Inter-bank Offered Rate. The bank is also considering the launch of a new money market benchmark in Morocco.

The outcome of the process for choosing the new money market benchmark index for Morocco is due to be published in January 2020.

Further details are available here.

Photo Credit: Pixabay 

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