The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Wednesday launched three cash surplus investment operations for a total of MAD 4.35 billion.
The two repo investments, of MAD 2.45 billion and MAD 400 million respectively, were subscribed over one day at a weighted average rate of 2.26% and 2.35%, DTFE pointed out in a press release.
The third was an unsecured investment of MAD 1.5 billion, subscribed over one day at a rate of 2.75%, the same source noted.
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