Morocco's treasury invests MAD 4 bln in cash surpluses

Morocco's treasury invests MAD 4 bln in cash surpluses
Friday 24 January 2025 - 19:17

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, launched Friday two cash surplus placement operations for a total of MAD 4 billion.

The first placement, amounting to MAD 3 billion, with a six-day maturity, yielding a weighted average rate of 2.26%, DTFE pointed out in a press release.

The second involves an amount of MAD 1 billion, with a three-day maturity at 2%, according to the same source.

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