The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched four cash surplus investment operations for a total of MAD 23.4 billion.
The first was a repo investment of MAD 19 billion, subscribed over seven days at a weighted average rate of 3.03 %, DTFE pointed out in a press release.
The second was also a repo investment of MAD 2.6 billion, subscribed over one day at a weighted average rate of 2.5 %, the same source noted, adding that the third was also a repo investment of MAD 1.3 billion, subscribed over one day at a weighted average rate of 3.
The fourth was an unsecured investment of MAD 500 million, subscribed over one day at a rate of 3 %.
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