The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Monday launched two cash surplus investment operations for a total of MAD 3 billion ($298 million).
The first was a repo investment of 2 billion dirhams, with a three-day maturity, yielding a weighted average rate of 2.11%, DTFE pointed out in a press release.
The second was also a repo investment of 1 billion dirhams, with a two-day maturity at 2.25%, the same source added.
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