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Morocco’s Treasury Invests MAD 2.35 Bln in Cash Surpluses

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Morocco's Treasury Invests MAD 2.35 Bln in Cash Surpluses

Hespress ENWednesday 21 February 2024 – 23:54

The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Wednesday launched two cash surplus investment operations for a total of MAD 2.35 billion.

The first was a repo investment of MAD 1.35 billion, subscribed over one day at a weighted average rate of 2.5 %, DTFE pointed out in a press release.

The second was an unsecured investment of MAD 1 billion, subscribed over one day at a rate of 2.5 %, the same source noted.

Kingdom’s General Treasury

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