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 700 million.
The first was an unsecured investment of MAD 500 million, subscribed over one day at a weighted average rate of 3 %, DTFE pointed out in a press release.
The second was a repo investment of MAD 200 million, subscribed over one day at a rate of 2.5 %, the same source noted.
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