Le TMP (Taux Moyen Pondéré) est le taux moyen auquel le Trésor marocain emprunte sur le marché primaire des Bons du Trésor. Bank Al-Maghrib le calcule et le publie par maturité standard (13 semaines, 26 semaines, 52 semaines, 2 ans, 5 ans, 10 ans…).
Pour chaque adjudication, le TMP correspond au taux moyen pondéré par les montants adjugés : il reflète le coût effectif de financement de l'État pour une maturité donnée. Les TMP mensuels agrégés servent d'indicateur macroéconomique suivi par les investisseurs obligataires.
De nombreux OPCVM monétaires et obligataires court terme utilisent le TMP comme benchmark, parfois sous la forme « TMP Interbancaire » pour les fonds investissant sur le marché monétaire interbancaire plutôt que sur le primaire.
Bank Al-Maghrib publie également une courbe des taux de référence quotidienne des BDT, construite à partir des transactions sur le marché secondaire et des adjudications du Trésor.
27 OPCVMs
| Classification | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
HORIZON EXPANSION MA0000030512 | 40 322,77MAD +0.09%/semaine | Diversifié | -2.74% | -2.88% | -5.35% | -8.53% | 10.81% | 19.12% | ||
CDG CASH MA0000040446 | 2 339,04MAD +0.04%/semaine | Monétaire | 0.18% | 0.73% | 1.62% | 3.24% | 7.24% | 15.40% | ||
CIH CASH MA0000042434 | 1 571,91MAD +0.04%/semaine | Monétaire | 0.18% | 0.56% | 1.26% | 2.61% | 5.52% | 13.12% | ||
FCP LIQUIDITES MA0000040776 | 3 447,58MAD +0.04%/semaine | Monétaire | 0.18% | 0.54% | 1.17% | 2.31% | 4.80% | 12.26% | ||
UPLINE PERENNITE MA0000036618 | 1 793,61MAD +0.04%/semaine | Monétaire | 0.18% | 0.54% | 1.19% | 2.47% | 5.29% | 13.76% | ||
EMERGENCE MONÉTAIRE MA0000042178 | 1 326,44MAD +0.04%/semaine | Monétaire | 0.18% | 0.55% | 1.20% | 2.47% | 5.51% | 14.23% | ||
CDG MONEY PREMIUM MA0000040636 | 1 682,95MAD +0.04%/semaine | Monétaire | 0.22% | 0.64% | 1.25% | 2.54% | 5.18% | 13.38% | ||
CDM MONETAIRE PLUS MA0000041303 | 1 287,96MAD +0.03%/semaine | Monétaire | 0.18% | 0.51% | 1.13% | 2.37% | 5.13% | 13.80% | ||
CDG OPTIMUM MA0000041295 | 3 079,64MAD +0.03%/semaine | Monétaire | 0.16% | 0.51% | 1.10% | 2.21% | 4.74% | 12.33% | ||
ATTIJARI LIQUIDITE MA0000036659 | 1 594,46MAD +0.03%/semaine | Monétaire | 0.14% | 0.45% | 0.90% | 1.83% | 3.98% | 10.62% | ||
ATTIJARI MONETAIRE JOUR MA0000040339 | 240,79MAD +0.03%/semaine | Monétaire | 0.13% | 0.43% | 0.85% | 1.75% | 3.72% | 9.82% | ||
UPLINE CASH MA0000036014 | 23 608,83MAD +0.03%/semaine | Monétaire | 0.16% | 0.50% | 1.06% | 2.17% | 4.67% | 12.07% | ||
CIMR CASH DYNAMIQUE MA0000041279 | 182,87MAD +0.03%/semaine | Monétaire | 0.16% | 0.49% | 1.08% | 2.22% | 4.80% | 11.94% | ||
UPLINE TRESORERIE MA0000036006 | 19 646,84MAD +0.03%/semaine | Monétaire | 0.15% | 0.47% | 0.99% | 2.02% | 4.47% | 11.85% | ||
CDG TRESORERIE MA0000030306 | 2 288,70MAD +0.03%/semaine | Monétaire | 0.20% | 0.69% | 1.39% | 2.73% | 5.66% | 14.08% | ||
CDM CASH MA0000030603 | 6 016,24MAD +0.03%/semaine | Monétaire | 0.15% | 0.46% | 1.02% | 2.12% | 4.60% | 11.80% | ||
ATTIJARI TRESORERIE MA0000030553 | 5 706,43MAD +0.03%/semaine | Monétaire | 0.14% | 0.43% | 0.96% | 2.01% | 4.31% | 10.86% | ||
CDM SECURITE PLUS MA0000036147 | 2 050,08MAD +0.03%/semaine | Monétaire | 0.12% | 0.42% | 0.83% | 1.72% | 3.66% | 9.69% | ||
RMA TRESO PLUS MA0000041097 | 103,39MAD +0.03%/semaine | Monétaire | 0.15% | 0.47% | 1.03% | 4.85% | 10.49% | 32.89% | ||
CDG SERENITE MA0000041196 | 1 352,32MAD +0.03%/semaine | Monétaire | 0.13% | 0.42% | 0.87% | 1.79% | 3.81% | 9.91% | ||
FCP CAM MONÉTAIRE MA0000041311 | 143,04MAD +0.03%/semaine | Monétaire | 0.17% | 0.51% | 1.15% | 2.41% | 5.18% | 13.36% | ||
CAP MONETAIRE PREMIERE MA0000040271 | 214 441,88MAD +0.03%/semaine | Monétaire | 0.19% | 0.55% | 1.15% | 2.33% | 5.09% | 13.28% | ||
HORIZON PREMIUM MA0000041741 | 1 154,85MAD +0.03%/semaine | Monétaire | 0.13% | 0.43% | 0.90% | 1.87% | 4.03% | 11.34% | ||
AL BARID TRESORERIE MA0000041162 | 752,24MAD +0.03%/semaine | Monétaire | 0.13% | 0.40% | 0.83% | 1.69% | 3.60% | 23.54% | ||
FCP EMERGENCE TRESOR MA0000038127 | 1 179,30MAD +0.02%/semaine | Monétaire | 0.13% | 0.41% | 0.85% | 1.80% | 4.16% | 11.12% | ||
CIH TRESORERIE MA0000042483 | 1 438,41MAD +0.01%/semaine | Monétaire | 0.05% | 0.16% | 0.39% | 0.80% | 1.79% | 7.30% | ||
UPLINE OBLIG DYNAMIQUE MA0000038515 | 1 187,68MAD +0.04%/semaine | 0.21% | 0.64% | 1.49% | 3.08% | 6.36% | 14.95% |