Morocco’s Treasury and External Finance Directorate (DTFE) deployed MAD 2.9 billion in surplus liquidity on Thursday through three cash surplus placement operations.
Worth MAD 1.65 billion and MAD 750 million respectively, the first two reverse repo placements were placed over one day at weighted average rates of 1.84% and 1.82%, the DTFE said in a press release.
A third blank investment of MAD 500 million was placed over one day at a rate of 2.25%.
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