The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Tuesday launched two cash surplus repo investment operations for a total of MAD 1.6 billion.
The first was a MAD 1 billion investment, subscribed over one day at a weighted average rate of 2 %, DTFE pointed out in a press release.
The second was a MAD 600 million investment, subscribed over two days at a rate of 2%, the same source added.
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