The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Tuesday launched two cash surplus investment operations for a total of MAD 1.5 billion ($150 million).
The first transaction was a repo investment of 1 billion dirhams, with a one-day maturity, yielding a weighted average rate of 1.75%, DTFE pointed out in a press release.
The second transaction was also a repo investment of 500 million dirhams, which was placed for two days at a rate of 1.75%, the same source noted.
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