Morocco's Treasury Invests MAD 5.65 Bln in Cash Surpluses

Morocco's Treasury Invests MAD 5.65 Bln in Cash Surpluses
Wednesday 14 February 2024 - 21:53

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 5.65 billion.

The first was a repo investment of MAD 5.4 billion, subscribed over one day at a weighted average rate of 2.8 %, DTFE pointed out in a press release.

The second was an unsecured investment of MAD 250 million, subscribed over one day at a rate of 3 %, the same source noted.

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