HIBAPRESS reports that the average bank liquidity deficit reached 137.7 billion dirhams during the period from November 13 to 19, 2025, marking a 6.15 percent increase compared to the previous week.
The research center, BMCE Capital Global Research, clarified in its weekly memorandum "Fixed Income Weekly" that this deficit comes at a time when Bank Al-Maghrib increased the volume of its seven-day advances by 7.6 billion dirhams, reaching 68.7 billion dirhams. In contrast, Treasury investments decreased, with a maximum daily current account balance of 10.3 billion dirhams, compared to 15 billion dirhams the previous week. The weighted average interest rate remained stable at 2.25 percent, while the "MONIA" index (the Moroccan reference monetary index calculated daily on the basis of repurchase transactions secured by Treasury bonds) fell to 2.239 percent. Regarding expectations, the center predicted that Bank Al-Maghrib will slightly increase the pace of its interventions in the money market in the coming period, with the volume of seven-day advances stabilizing around 69.5 billion dirhams.
