The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Friday launched three cash surplus repo investment operations for a total of MAD 2.4 billion.
The first investment of MAD 1.7 billion was subscribed over six days at a weighted average rate of 2.74 %, DTFE pointed out in a press release.
Also subscribed over six days, the second investment of MAD 500 million was at a rate of 2.9 %, the same source noted, adding the third investment of MAD 200 million was subscribed over three days at a rate of 2.85 %.
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