The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Friday launched three cash surplus investment operations for a total of MAD 2.2 billion.
The first was a repo investment at a rate of 2.5% for an amount of MAD 1.2 billion subscribed over three days, DTFE said in a press release.
The second was also a repo investment at a rate of 2.59% for an amount of MAD 500 million subscribed over six days, the same source noted, adding that the third unsecured investment of MAD 500 million was subscribed over three days, at a rate of 3%.
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