FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | Issuance of a perpetual subordinated bond loan of MAD 1 Bn
AMMC approved, on June 17th 2022, a prospectus related to the issuance by Attijariwafa bank of a perpetual subordinated bond loan with loss absorption and coupon payments cancellation. The amount of this operation is set at MAD 1 Bn.
ECONOMIC HEADLINES
| TUNISIA | TOURISM | Receipts up 58% at the end of May 2022
During the first five months of 2022, tourist receipts rose by 57.5% compared to the same period of the previous year, to settle at TND 980.5 Mn.
| WAEMU | INFLATION | BCEAO forecasts an inflation rate of 6.2% in 2022
According to the latest forecasts of the Central Bank of West African States (BCEAO), the inflation rate within the WAEMU region should settle at 6.2% in 2022. In 2023, the BCEAO forecasts an inflation rate of 3.2% for the Union.
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