The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched two cash surplus investment operations for a total of MAD 39.25 billion ($4.134 billion).
The first transaction was a repo investment of MAD 38.1 billion, with a seven-day maturity, yielding a weighted average rate of 2.44%, DTFE pointed out in a press release.
The second transaction, also with a seven-day maturity, was a repo investment of MAD 1.15 billion at a rate of 1.85%, the same source noted.
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