Morocco’s Treasury and External Finance Directorate (DTFE) placed MAD 4.4 billion ($439 million) in surplus cash through two reverse repo operations on Friday, the Ministry of Economy and Finance said in a press release.
The first deal totaled MAD 3 billion for a six-day term at a weighted average rate of 2.12%. The second operation involved MAD 1.4 billion over three days, yielding 1.85%.
The transactions are part of the Treasury’s active liquidity management strategy.
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