Capital Markets News
Pension schemes can now invest in all exchange traded derivatives and Reits.
The bond is expected to be issued by June 2017 and mature for a period of five to seven years.
The fund will be used to finance new projects in member nations.
The debut Islamic bonds will enhance participative banking in Morocco
The WBI was launched on December 14th.
It said countries with rapidly depreciating currencies will be hit by the impact of a US interest rate rise.
It was made possible by the BRVM's growth in capital and liquidity.
An amount of 42 billion dinars was allocated to this end.
The country's state-owned banks will soon list on the local stock exchange.
The African nation is looking to diversify and industrialise its economy.