The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, launched on Thursday four cash surplus investment operations for a total of MAD 10.5 billion.
The first and second placements were both repo investments of MAD 4 billion, subscribed respectively over seven and four days, at a weighted average rate of 2.5% and 2.16% , DTFE pointed out in a press release.
In turn, the third placement was a MAD 1 billion repo investment, subscribed over one day at a rate of 2.%.
The fourth was an unsecured investment of MAD 1.5 billion, subscribed over one day at a rate of 2.5%, according to the same source.
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