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 1.1 billion.
The first was a repo investment at a rate of 2.54% for an amount of MAD 900 million subscribed over one day, DTFE said in a press release.
The second unsecured investment of MAD 200 million was subscribed over one day, at a rate of 3%, the same source added.