OGR experts have for three years assisted with developing the modeling suite of the Bank-al-Maghrib (BAM), providing training to the Bank’s staff, and building the necessary capacities for a transition to a more flexible exchange rate. They have also advised on the transition plan and its parameters.
OGR has developed a yield curve model for the BAM and other authorities in Morocco to be used for collateral management, pricing, and valuation of government securities. We have developed methods that reflect the special features of the country, and fit the nature of the markets and the needs of the various stakeholders.
