The Kingdom of Morocco to Expand Use of World Bank Hedging Products.

M2 Presswire | October 23, 2007 | Copyright

M2 PRESSWIRE-23 October 2007-The World Bank Group: The Kingdom of Morocco to Expand Use of World Bank Hedging Products(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:22102007

Washington - The Government of Morocco and the World Bank have signed a Master Derivatives Agreement that will allow the Government of Morocco to use a range of hedging products to assist in managing the currency and interest rate risks of its sovereign debt portfolio.

"Morocco will have access to an expanded menu of risk mitigation products for its sovereign debt management. Prudent ...

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