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 4.8 billion.
The first was a repo investment at a rate of 2.5 % for an amount of MAD 3.8 billion subscribed over one day, DTFE pointed out in a press release.
The second was an unsecured investment of MAD 1 billion, subscribed over one day, at a rate of 3 %, the same source added.
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