The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Tuesday launched three cash surplus investment operations for a total of MAD 4.15 billion.
The first was a repo investment of MAD 2.75 billion, subscribed over two days at a weighted average rate of 2.28%, DTFE pointed out in a press release.
The second was also a repo investment of MAD 1 billion, subscribed over one day at a weighted average rate of 2.25%, the same source noted, adding that the third was an unsecured investment of MAD 400 million, subscribed over one day at a weighted average rate of 2.75%.
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