Morocco's Treasury Invests MAD 3.9 Bln in Cash Surpluses

Morocco's Treasury Invests MAD 3.9 Bln in Cash Surpluses
Monday 2 December 2024 - 20:01

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Monday launched two cash surplus investment operations for a total of MAD 3.9 billion.

The first was a repo investment of MAD 1.95 billion, subscribed over one day at a rate of 2.35%, DTFE pointed out in a press release.

The second was an unsecured investment of MAD 1.95 million, subscribed over one day at a rate of 2.75%, the same source noted.

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