Morocco's Treasury Invests MAD 2.9 Bln in Cash Surpluses

Morocco's Treasury Invests MAD 2.9 Bln in Cash Surpluses
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Tuesday 17 December 2024 - 23:26

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Tuesday launched two cash surplus investment operations for a total of MAD 2.9 billion.

The first was a repo investment of MAD 2.2 billion, subscribed over one day at a rate of 2.25%, DTFE pointed out in a press release.

The second was an unsecured investment of MAD 700 million, subscribed over two days at a rate of 2.25%, the same source noted.

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