Fitch maintains Morocco’s ‘BBB-’ With Stable Outlook

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London  -  The international rating agency "Fitch Ratings" maintained on Monday Morocco's "BBB-" rating for its borrowings in foreign currencies with a stable outlook. The new rating comes after Morocco's issue of a EUR1bn 10-year bond on the international market with a coupon of 3.5% and a 3.5 pc interest rate, said the agency in a statement. The bond issue on the Euro market, which comes after an absence of four years, was welcomed by the international financial community.