The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Monday launched three cash surplus investment operations for a total of MAD 3.05 billion.
The first was an unsecured investment of MAD 1.5 billion, subscribed over one day at a weighted rate of 2.75%, DTFE pointed out in a press release.
The second was a repo investment of MAD 1.25 billion, subscribed over one day at a rate of 2.48%, the same source noted, adding that the third was also a repo investment of MAD 300 million, subscribed over three days at a rate of 2.65%.
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