The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched five cash surplus investment operations for a total of MAD 32.1 billion.
The first operation was a repo investment of MAD 24.3 billion subscribed over a seven-day period at a weighted average rate of 2.13%, the DTFE said in a press release.
The second, also a repo over four days, amounts to MAD 3 billion at a rate of 1.95%.
The third transaction was a blank investment subscribed over one day amounting to MAD 3 billion at a rate of 2.25%.
The fourth, a one-day repo, involved MAD 1.3 billion at a rate of 1.75%, while the fifth operation, a four-day repo, was for MAD 500 million at the same rate of 1.75%.
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