The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Wednesday launched two cash surplus investment operations for a total of MAD 1.9 billion.
The first was a repo investment at a rate of 2.54% for an amount of MAD 1 billion subscribed over one day, DTFE pointed out in a press release.
The second unsecured investment of MAD 900 million was subscribed over one day, at a rate of 3%, the same source noted.
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