The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thusday launched four cash surplus investment operations for a total of MAD 37.65 billion.
The first was a repo investment of MAD 33.5 billion, subscribed over eleven days at a weighted average rate of 2.99 %, DTFE pointed out in a press release.
The second was also a repo investment of MAD 1.85 billion, subscribed over eleven days at a rate of 2.82 %, the same source noted, adding that the third repo investment of MAD 1.6 billion was subscribed over one day at a rate of 2.5%.
The fourth was an unsecured investment of MAD 700 million, subscribed over one day at a rate of 3 %.
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