Morocco’s Treasury and External Finance Directorate (DTFE) carried on Friday three cash surplus placements, totaling MAD 18.78 billion.
A MAD 16.7 billion operation was placed under a six-day repo agreement at a rate of 2.26%, the DTFE said in a statement.
The second repo operation, amounting to MAD 1.63 billion, was executed over three days at a weighted average rate of 1.99%, the same source said.
The remaining MAD 450 million was invested for three days 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.