The Treasury and External Finance Department (DTFE) under the Ministry of the Economy and Finance launched, on Thursday, four cash surplus investment operations totalling 15.7 billion dirhams.
The first was a repo investment of 14 billion dirhams subscribed over 7 days at a rate of 3.11%, the DTFE said in a press release.
The second investment, also with reverse repo, is for 700 million dirhams, subscribed over seven days, at a weighted average rate of 2.66%, the same source said, adding that the third placement with reverse repo is for 700 million dirhams, subscribed over one day at a rate of 2.59%.
The last investment concerns an amount of 300 million dirhams subscribed over one day at a rate of 3.01%, noted the DTFE.
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