Morocco's Treasury Invests MAD 950 Mln in Cash Surpluses

Morocco's Treasury Invests MAD 950 Mln in Cash Surpluses
Friday 29 March 2024 - 21:11

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Friday launched Two cash surplus investment operations for a total of MAD 950 million.

The first was a repo investment of MAD 450 million, subscribed over three days at a weighted average rate of 2.5 %, DTFE pointed out in a press release.

The second was an unsecured investment of MAD 500 million, subscribed over three days at a rate of 3 %.

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