The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched three cash surplus investment operations for a total of MAD 17.4 billion.
The first was a repo investment at a rate of 3.03 % for an amount of MAD 15 billion subscribed over seven days, DTFE pointed out in a press release.
The second was also a repo investment at a rate of 2.63 % for an amount of MAD 1.4 billion subscribed over five days, the same source noted.
The third 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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