Morocco’s Treasury and External Finance Directorate (DTFE) launched two cash surplus placement operations on Monday, totaling 4.3 billion Moroccan dirhams (MAD).
The first placement, amounting to MAD 3.4 billion, was subscribed for one day at a weighted average rate of 2.31%, DTFE said in a statement.
The second transaction, a blank operation of MAD 900 million, was also subscribed for one day, with a rate of 2.64%.
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