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 1.4 billion.
The first was a repo investment of MAD 700 million, subscribed over three days at a rate of 2.33%, DTFE pointed out in a press release.
The second was an unsecured investment of MAD 700 million, subscribed over three days at a rate of 2.75%, the same source noted.
The post Morocco’s Treasury invests MAD 1.4 bln in cash surpluses appeared first on HESPRESS English – Morocco News.
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