The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched three cash surplus investment operations for a total of MAD 13.2 billion.
The first was a repo investment of MAD 11 billion, subscribed over seven days at a weighted average rate of 2.78%, DTFE pointed out in a press release.
The second was also a repo investment of MAD 1.3 billion, subscribed over five days at a weighted average rate of 2.38%, the same source noted, adding that the third was an unsecured investment of MAD 900 million, subscribed over one day at a weighted average rate of 2.75%.
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