The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Friday launched two cash surplus investment operations for a total of MAD 8.325 billion.
The first transaction was a repo investment of MAD 4.6 billion, with a seven-day maturity, yielding a weighted average rate of 2.75%, DTFE pointed out in a press release.
The second transaction, was a blank investment of MAD 3.725 billion subscribed over three-days maturity, at a rate of 2.68%, the same source noted.
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