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CFG Bank recently received approval from the Moroccan Capital Market Authority (AMMC) to issue bonds worth up to 500 million dirhams. The operation is structured into two non-listed tranches, A and B, with a maturity of 10 years.
Tranche A offers fixed returns based on a 10-year rate derived from the Government Bonds Yield Curve issued by Bank Al-Maghrib on December 17, 2025, plus a risk premium of 70 basis points.
Tranche B, on the other hand, has an adjustable interest rate that will initially be linked to the 52-week money market rate, plus a risk premium of 65 basis points.
The capital will be paid at maturity (in fine), and the bonds will be allocated proportionately with priority to tranche A. These securities will not be listed on the stock exchange and will remain tradable directly between parties.
The subscription period for this bond is set from December 19 to December 23, 2025, and this operation is part of CFG Bank’s strategy to strengthen its financial resources and support its future growth.
