Morocco’s Treasury and External Finance Department (DTFE) launched three cash surplus investment operations on Wednesday, totaling MAD 3.55 billion.
The first operation, worth MAD 1.85 billion, was executed overnight with a repurchase agreement, at a rate of 1.78%, the DTFE points out in a press release.
The second, also a repurchase agreement, is valued at MAD 400 million over two days at a weighted average rate of 1.75%, the same source adds.
A third investment was placed overnight for an amount of MAD 1.3 billion 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.