The Moroccan Capital Market Authority (AMMC) has announced the registration of Wafasalaf’s updated program for issuing financial bonds as of December 25, 2024. Documented under reference EN/EM/032/2024, this development marks a pivotal moment for the company, enabling it to enhance its capacity to mobilize long-term resources and solidify its role as a key player in financing Morocco’s economy.
This update introduces a revamped information dossier, which now includes the 2023 fiscal year and the first half of 2024. The reference document, filed with the AMMC on December 13, 2024, under EN/EM/030/2024, underscores Wafasalaf’s commitment to regulatory transparency and strategic foresight.
A significant highlight of this revised program is the increased ceiling, which rises from 6.5 billion to 7.1 billion dirhams—a substantial boost of 600 million dirhams. This move reflects Wafasalaf’s ambition to meet growing demand for financing while maintaining its leadership position in the sector. The bonds offered under this program feature attractive terms for investors, including a nominal unit value of 100,000 dirhams, maturities ranging from two to seven years, and interest rates that can be fixed or variable, depending on subscriber preferences.
This initiative is part of a broader strategy to diversify Wafasalaf’s funding sources while contributing to the vibrancy of Morocco’s financial markets. It highlights the resilience of the national economy and the appeal of the financial sector by creating tailored investment opportunities for institutional and private investors alike.