Morocco's Treasury Invests MAD 2.2 Bln in Cash Surpluses

Morocco's Treasury Invests MAD 2.2 Bln in Cash Surpluses
Saturday 7 December 2024 - 11:30

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Friday launched two cash surplus investment operations for a total of MAD 2.2 billion.

The first placement was a repo investment of MAD 2 billion, subscribed over six days with a weighted rate of 2.39%, the DTFE said in a press release.

The second was an unsecured investment of MAD 200 million, subscribed over three days at a rate of 2.75%, the DTFE added.

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