The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Monday launched two cash surplus investment operations for a total of MAD 37.2 billion.
The first was a repo investment of MAD 37 billion, subscribed over three 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 200 million, subscribed over one day at a weighted average rate of 2.6%, the same source noted.
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