The Moroccan Capital Market Authority registered SOFAC’s annual and occasional update to the information dossier for its finance company bills program. The update raises the program ceiling from MAD 9 billion to MAD 11 billion. The bills have a nominal value of MAD 100,000, maturities ranging from two to seven years and fixed or variable interest rates. The registered materials comprise SOFAC’s 2025 reference document and a document covering the bills program.