Moroccan Treasury Invests MAD 1.3 Bln in Cash Surpluses

Moroccan Treasury Invests MAD 1.3 Bln in Cash Surpluses
Friday 11 October 2024 - 23:26

Morocco’s Treasury and External Finances Department (DTFE) launched on Friday an operation to invest surplus cash amounting to MAD 1.3 billion.

The operation involved a reverse repurchase agreement, underwritten over three days at a rate of 2.69%, the DTFE said in a press release.

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