Morocco’s Treasury and External Finance Directorate placed MAD 3.65 billion ($365 million) in short-term cash surplus investments on Wednesday.
The first operation, worth MAD 2.85 billion, was executed through a one-day reverse repurchase agreement at a weighted average rate of 1.97%, the Directorate pointed out in a press release.
The second, valued at MAD 800 million, was placed for one day at a rate of 2.25%.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.