Morocco’s Treasury and External Finance Directorate (DTFE) deployed on Monday MAD 2.95 billion in surplus liquidity through two investment operations.
The first operation, totaling MAD 1.95 billion, is a one-day reverse repo placement at a weighted average rate of 1.72%, while the second, amounting to MAD 1 billion, was also placed over one day at a rate of 2.25%, the DTFE said in a press release.
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