Morocco’s Treasury and External Finance Directorate (DTFE) launched two reverse repurchase agreement operations on Monday, totaling MAD 1.3 billion, aimed at managing cash surpluses.
The first operation, valued at MAD 1.1 billion, was subscribed for a three-day period at a weighted average rate of 1.89%, DTFE said in a press release, adding that the second investment, amounting to MAD 200 million, is set for a one-day period with a weighted average rate of 1.75%.
These operations reflect the Treasury’s ongoing strategy to efficiently manage its liquidity and optimize cash flow through short-term investment vehicles.
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