FINANCIAL MARKETS HEADLINES

| MOROCCO | IMMORENTE INVEST | Update of the information prospectus related to the commercial paper program
AMMC approved on July 22nd 2024, the annual update of the information prospectus related to the commercial paper issuance program of Immorente Invest. The main characteristics of the program are as follows :

  • Ceiling of the program : MAD 300,000,000;
  • Unit nominal value : MAD 100,000;
  • Maturity : from 10 days to 12 months;
  • Interest rate: fixed for each issuance depending on market conditions.

ECONOMIC HEADLINES

| GUINEA-BISSAU | INFLATION | An inflation rate of 2.6% in June 2024
According to the National Institute of Statistics and Demography (INE) of Guinea Bissau, the National Harmonized Consumer Pric-es Index rose by 0.5% in June 2024 compared to the previous month. Year-on-year, the inflation rate stands at 2.6%.

 

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