The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Thursday launched three cash surplus repo investment operations for a total of MAD 13.8 billion.
The first was a MAD 12.6 billion investment, subscribed over seven day at a weighted average rate of 2.51%, DTFE pointed out in a press release.
The second was a MAD 900 million investment, subscribed over one day at a rate of 2.25%, the same source noted, adding that the third was a MAD 300 million investment, subscribed over seven days at a rate of 2.5%.
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