The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Wednesday launched two cash surplus investment operations for a total of MAD 1 billion ($100 million).
The first transaction was a repo investment of 600 million dirhams, with a one-day maturity, yielding a weighted average rate of 2.3%, DTFE pointed out in a press release.
The second transaction was a blank investment of 400 million dirhams, which was also placed for one day at a rate of 2.5%, the same source noted.
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