VOL. XLII

No. 26

28-June-1999

MOROCCO

Moroccos CFG Creates Bond Index

The Casablanca Finance Group (CFG) is creating a bond indexwhich will both manage and provide coverage on a sampling of government bonds.According to CFG, the samples composition is based on criteria that ensure afaithful but flexible representation of all types of bonds issued on thenational market. A variation in the index should therefore be stronglycorrelated to variations in all issued, outstanding bonds in the domestic...