The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, launched three cash surplus investment operations on Thursday for a total of MAD 13.95 billion.
The first was a repo investment at a rate of 3.04 % for an amount of MAD 13 billion subscribed over seven days, DTFE pointed out in a press release.
The second, also a repo investment, was at a rate of 2.5 % for an amount of MAD 500 million subscribed over six days, the same source noted.
The third was an unsecured investment of MAD 450 million, subscribed over one day, at a rate of 3 %, the same source added.
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