EXECUTIVE SUMMARY

FINANCIAL INVESTORS’ EXPECTATIONS THE KEY RATE
Following our survey conducted in September, we have identified investors' expectations toward the evolution of the Moroccan central bank key rate on the sidelines of its 3rd meeting of Q3-21. In fact, this survey was carried out among a sample of 35 investors considered among the most influential in the Moroccan stock market.

At the end of this exercise, it is clear that the consensus of financial investors in Morocco is almost unanimously in favour of “a stability” in the key rate of the Moroccan Central Bank.

In more detail, 95% of investors surveyed anticipate a status quo of the key rate of BAM during its next scheduled Board meeting on September 28th, 2021 against 88% previously.


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